Opinionomics | 11 May 2012

Must-read comment and analysis. Featuring more on the Grexit and a 101-year-old Nobel Laureate.

A lighthouse in San Francisco
A lighthouse in San Francisco. Roland Coates found that lighthouses aren't a public good, as originally thought. Photograph: Getty Images

1. If Greece goes... (Economist | Free Exchange)

What would policymakers have to do at the moment of a Greek exit to persuade investors and depositors that Greece really was the exception proving the rule of euro unity?

2. Nobel Laureate: 'I've Been Wrong So Often, I Don't Find It Extraordinary At All' (NPR | All Things Considered)

NPR's Melissa Block speaks to Ronald Coase, 101-year-old Nobel Laureate in Economics.

3. The Unequal Impact of Inflation (ToUChstone)

Duncan Wheldon shows that over the past year high inflation has hit the poorest much harder than the high earners.

4. Derivatives trader: 'The trouble is, regulators are idiots' (The Guardian)

Joris Luyendijk speaks to a trader about City short-termism, high pay, the excitement of recent years and why he now wants a way out

5. Telegraph distorts the truth on energy bills (Left Foot Forward)

Will Straw rebuts the Telegraph's claim that green policies are adding over £200 a year to energy bills.