11th June 2012
Edward Conard, a former partner of Mitt Romney at Bain Capital, and Joe Stiglitz, a Nobel-winning economist, face off in an amusing but important debate on income inequality. See who came out on top. Bloomberg
Sylvia Nasar, author of "Grand Pursuit" explains how Charles Dickens' A Christmas Carol was a pessimistic critique of the political economy that prevailed in mid-19th century England. She also reveals that the Bible's book of Revelations underpinned the economic philosophy of Karl Marx. tvo
Johns Hopkins University economist Steve Hanke on why New York Times columnist Paul Krugman is wrong about Estonia's tax and spending reforms. The Wall Street Journal
Included in the list of things economists are worried about are: the very slow government response to the allocation of public funds, a property bubble, weak bank loans, social stability and a Greek exit from the euro. Reuters
Economist Nariman Behravesh says of the two main linkages between Europe and the US economy – exports and the banking system – the latter is most vulnerable because any pull back by European banks or credit tightening will have global ramifications especially for US banks. PBS Newshour
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