A short, but interesting article that demonstrates why statistics can be completely useless (something we saw with Ireland’s GDP – Leprechaun Economics click here).
Read here
Economics
Simon Wren-Lewis: Voting Labour isn’t going to turn the UK into Venezuela
Wren-Lewis explains why the policies of Britian’s labour Party are not lunacy, but sound economics – for some policies of which he carries a share of responsibilty. Read here
Economics
Heiner Flassbeck: Germany, surrounded by evil mercantilists
The German current account surplus of probably 7 per cent of GDP in the current year is an unparalleled scandal. However, it becomes a real political catastrophe when Germany accuses countries that have fairly balanced […]
Economics
Spinoff: Why we can’t simply build our way out of the housing crisis
This may be about New Zealand but the analysis is spot on, valid for any EU nation. Read here
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