Don’t give up on globalisation | The A-List | Must-read views on today’s top news stories – Peter Mandelson – FT.com

Looking back this is worth a read. It’s one of our most popular blogs.

Dr Alf's Blog

Japanese McDonald's fast food as evidence of c...

Userbox globalisation
Image via Wikipedia

This is a really good article from Lord Mandelson, published in the FT. Check it out!

via Don’t give up on globalisation | The A-List | Must-read views on today’s top news stories – FT.com – FT.com.

I agree with Peter Mandelson’s conclusion:

Globalisation is dead. Long live globalisation.

What do you think?

View original post

The Story of Our Time – NYTimes.com – Paul Krugman

Looking back this is worth a read. It’s one of our most popular blogs.

Dr Alf's Blog

Paul Krugman, Laureate of the Sveriges Riksban... Paul Krugman, Laureate of the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2008 at a press conference at the Swedish Academy of Science in Stockholm (Photo credit: Wikipedia)

Angela Merkel, the Chancellor of Germany Angela Merkel, the Chancellor of Germany (Photo credit: Wikipedia)

This article is Nobel Prize winning, liberal economist, at his best, writing in his blog in the New York Times. Check it out!

via The Story of Our Time – NYTimes.com.

Once again, Krugman explains that we are in a depression, with millions out of work, and that governments have a clear responsibility to reflate their economies. He argues that governments are influenced by a powerful elite only concerned with:

  • Expression of prejudice
  • Opportunism, and
  • Class interest it always was

With the austerians totally discredited, the major question in Europe is will German ChancellorAngela Merkel let Europe reflate?

Perhaps, German voters will have had enough…

View original post 178 more words