Greece Financing Offer: I Am Not Going to Say I Told You So, But…
Roubini, Nouriel. For over a year, RGE has argued that a solution to the Greek debt insolvency crisis should include an orderly and market-oriented but coercive debt exchange, with a par bond for hold-to-maturity investors (banks, insurance companies, pension funds) and a discount bond for mark-to-market investors (hedge funds, etc.). Πηγή: EconoMonitor πλήρες κείμενο
Happiness economics: Can we have an economy of wellbeing?
Graham, Carol. The UK government is the latest to consider incorporating measures of happiness in its policymaking. This column takes stock of what we know from investigations into people’s wellbeing. It concludes that there is still much to resolve before a measure of gross national happiness is possible – or indeed desirable. At this year’s […]
Potiche
Potiche (2010) Κωμωδία Σκηνοθεσία: Φρανσουά Οζόν Πρωταγωνιστούν: Κατρίν Ντενέβ, Ζεράρ Ντεπαρντιέ, Φαμπρίς Λουσινί, Καρίν Βιάρντ Η Σουζάν Πουγιόλ (Κατρίν Ντενέβ), μητέρα δύο παιδιών και γιαγιά πλέον, ζει στη Γαλλία του 1977 μιαν άνετη ζωή σαν… γλάστρα (potiche). Είναι υποταγμένη στον αυταρχικό βιομήχανο σύζυγό της (που έγινε βιομήχανος επειδή την παντρεύτηκε), (Φαμπρίς Λουσινί), δέχεται την αδιαφορία […]
Financing fiscal stimulus
Drautzburg, Thorsten & Uhlig, Harald. The debt crises in the Eurozone and the US are reminders that all government expenditures must eventually be financed by tax revenues. This column analyses the effect of the US fiscal stimulus programme and argues that abstracting from financing decisions presents a skewed version of the net benefits to society. […]