Opinionomics | 8 May 2012

Must-read comment and analysis

1. Monetary policy is no panacea for Europe’s ills (Financial Times)

Jens Weidmann, president of the German federal bank, indicates that German monetary policy will continue being just as hawkish as it always has been.

2. Flash-Crash Story Looks More Like a Fairy Tale (Bloomberg View)

Mark Buchanan looks at the evidence around the Dow Jones' flash-crash two years on.

3. Are there any alternatives to austerity? Six ideas for fixing Europe (Washington Post | Wonkblog)

Brad Plumer looks at six possibilities for fixing Europe beyond austerity.

4. Expectations: a weak lever (Stumbling and Mumbling)

Chris Dillow argues that manipulating "expectations" is not the reason for raising inflation targets.

5. The Scary Greek Revolt Against Austerity (Slate | Moneybox)

Matt Yglesias compares and contrasts Greece to Spain and Italy.

Jens Weidmann, Bundesbank president. Photograph: Getty Images

Alex Hern is a technology reporter for the Guardian. He was formerly staff writer at the New Statesman. You should follow Alex on Twitter.

Photo: Getty Images
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Telegraph fires environmental journalist Geoffrey Lean

Some have suggested the move is due to the newspapers' scepticism about man-made climate change. 

Geoffrey Lean, the respected enviromental commentator and reporter, has been "pushed out" of the Telegraph, according to the writer. Lean, who pioneered the role of environmental correspondent almost forty years, joined the Telegraph in 2009 after 16 years at the Independent. "Telegraph is pushing me out," Lean tweeted a few days ago. The Telegraph's International Business Editor, Ambrose Evans-Pritchard, tweeted "Departure of climate veteran @GeoffreyLean v sad for Telegraph colleagues. Conservative newspaper has lost a tireless voice for conservation". 

The loss of the respected Lean, some believe, is due to his longstanding support for the idea that climate change is manmade. 

I'm a mole, innit.