austerity news
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What's Inside the May/June 2013 Issue
Warsaw :: Poland | 1 month ago
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Kenneth Cukier, data editor of The Economist , and Viktor Mayer-Schoenberger, professor at the Oxford Internet Institute, explain how big data will change the ways in which businesses operate, governments function, and people live.
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Aztar's union employees vote to retain union security clause in contract
Evansville :: IN :: USA | 1 month ago
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Casino Aztar's union employees have voted against a move that would have allowed members to withdraw from the union before their current contract expires. The union, United Auto Workers Local 3048, has represented Aztar's dealers since 2007. The
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Will the Harvard Austerity Error End Economic Sadomasochism?
Athens :: Greece | 1 month ago
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Warren Mosler and Philip Pilkington are two economists who dare to think beyond the shackles of Rogoff-style austerity economics. They belong to the modern money theory school, which starts by looking at how money actually works, rather than at how
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JIM O'NEILL: That Reinhart-Rogoff Paper Was Problematic Long Before Anyone Discovered A Math Error
Tōkyō :: Japan | 1 month ago
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In recent weeks, economists Carmen Reinhart and Ken Rogoff have taken a lot of heat for a computational error in their paper relating economic growth with debt-to-GDP ratios. However, Goldman Sachs economist Jim O'Neill reiterates that the
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IMF boss Christine Lagarde turns on Chancellor George Osborne to hide her own sins
Bristol :: United Kingdom | 1 month ago
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45 Click to rate Rating (0) Of course the IMF needs britian to borrow more. Moving Michael , Worker who gets in on his Bike, 22/4/2013 13:39 Whatever George is doing, he's doing what he believes to be the best for the country and out of
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European Commission President Barroso says austerity needs balance
Brussels :: Belgium | 1 month ago
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European Commission President Jose Manuel Barroso said austerity budgets need to be balanced with strategies that promote economic growth. "While I think this policy is fundamentally right, I think it has reached its limit," Barroso said Monday,
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Africa: Towards Structural Transformation?
Johannesburg :: South Africa | 1 month ago
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At a gathering hosted by the Pan African Parliament in February this year, an impressive range of African thinkers, parliamentarians, and civil society organizations called for focusing development efforts on "structural transformation." This was
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Austerity on trial as debate reignites
New York City :: NY :: USA | 1 month ago
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Delaying necessary adjustments would further aggravate risks for the prospects of a lasting and fundamentally sound global recovery,'' German Finance Minister Wolfgang Schaeuble told the fund's 188 member nations. IMF managing director Christine
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IMF boss turns on the Chancellor to hide her own sins
Seattle :: WA :: USA | 1 month ago
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Until very recently, Britain had been regarded as a pin-up for fiscal rectitude. It was a country willing to take the pain through cuts to deal with the twin problems of a budget deficit and the accumulating pile of national debt built up over many
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Departing CPB chief again tells cabinet not to bring in more austerity
Brussels :: Belgium | 1 month ago
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However, in a string of farewell interviews in the Dutch media, Coen Teulings said it would be unwise to make further cuts at the moment. Last week, the government agreed to postpone a 4.3bn package of cuts until the autumn at least, in the hope that
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