Web links for 1st December 2009

  • There is free access to articles on the economy in the current issue for next two weeks only (including one from Adam)
  • Left Foot Forward report on US economist Paul Krugman's support for a transaction tax. As Krugman says: "What about the claim that a financial transactions tax doesn’t address the real problem? It’s true that a transactions tax wouldn’t have stopped lenders from making bad loans, or gullible investors from buying toxic waste backed by those loans. But bad investments aren’t the whole story of the crisis. What turned those bad investments into catastrophe was the financial system’s excessive reliance on short-term money."

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