LONDON: Gore Vidal, the recently demised American writer, once famously quipped that the US economic system is “free enterprise for the poor and socialism for the rich”
Published 25 Oct, 2012 09:15pm
“INDUSTRIAL policy used to be a four-letter word at the World Bank,” observed Joseph Stiglitz, the Nobel economics laureate, in a recent conference on industrial policy in Africa that I attended. He should know. He
Published 17 Jul, 2012 03:01am
EVEN the most rational Europeans must now feel that Friday the 13th is an unlucky day after all. On that day last week, the Greek debt restructuring negotiation broke down, with many bondholders refusing to join the
Published 18 Jan, 2012 12:00am
THE Occupy London movement is marking its first month this week. It is routinely described as anti-capitalist, but this label is highly misleading. As I found out when I gave a lecture
Published 17 Nov, 2011 12:40am
