Opinionomics | 5 June 2012
Must-read comment and analysis. Featuring booze and the Queen, just like this weekend.
1. Breaking the negative feedback loop (Reuters)
Governments that enjoy low borrowing costs can improve their creditworthiness by borrowing more, not less, writes former treasury secretary Larry Summers
2. Austerity has never worked (Guardian)
It's not just about the current economic environment. History shows that slashing budgets always leads to recession, writes Ha-Joon Chang
3. Minimum pricing: a view in favour (Demand Nothing)
Owen John argues that criticism of minimum pricing focuses on two things: Firstly a misunderstanding over what it actually entails and, secondly, the accusation that this is a policy designed to specifically penalise the poor.
4. Time to FoI the Queen? (Left Foot Forward)
Ben Phillips looks at whether the monarchy is value-for-money (it's not).
5. The Keynesian case for Romney (Washington Post | WonkBlog)
Ezra Klein points out that with Romney's victory comes an end to fiscal deadlock. Which can only be a good thing.