Opinionomics: must-read analysis and comment
Featuring high tax, high art and high interest rates.
1. Gordon Brown is nowhere, yet everywhere (Independent)
Without acknowledgement from either side, it is Brown's rulebook that persists, writes Steve Richards.
2. How business can bypass banks (BBC)
A wonkish piece from Robert Peston, looking at one easy way to boost lending to small and medium enterprises: letting them borrow against invoices from big businesses.
3. Would a Higher Top Tax Rate Raise Revenues? (New York Times)
Bruce Bartlett presents an American angle on a question that has been asked in Britain for a while.
4. Auction-house opacity datapoint of the day (Reuters)
A bizarre piece of misdirection from the world of fine art becomes an enlightening microeconomic case-study for Felix Salmon.
5. A century of gilt (FT alphaville)
Joseph Cotterill goes into depth on the Chancellor's plan to sell 100-year bonds.