This anniversary guest post was written by the indispensable Jérôme Guillet, who normally writes for The European Tribune.
Laurence Parisot, the head of MEDEF, the French business
organisation, recently complained that:
There is one word who meaning for the public has changed in the past 25 years: “reform”. It used to be synonymous with progress, and now it [...]
This is a very convenient moment to put up this post. Alan Greenspan has just admitted that he’s human like the rest of us, and that he doesn’t have a very good explanation for why long-term interest rates have been falling at a time when he and his Fed colleagues have been busy raising [...]
Michael Mandel had an interesting take on the US trade deficit in Business Week earlier this month (btw: he also has a weblog).
His opinion is that the US trade deficit isn’t as big a deal as people often think. One of the reasons: that the ongoing import of human capital into the US (which of [...]
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