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2 May 2012updated 05 Oct 2023 8:38am

Opinionomics | 2 May 2012

Must-read comment and analysis. Featuring a sweary Stephen King, and burgers in Buenos Aires.

By Alex Hern

1. A European macro-question for Paul Krugman (Kantoos Economics)

Kantoos suggests that “the optimal policy – taking ECB policy as given – is to add monetary and fiscal stimulus to the periphery (only), as far as that’s possible, such that the period of adjustment is less painful, and limit the overheating of the German economy”.

2. Why Big Macs Are Cheap In Argentina (Slate | Moneybox)

He’s addressed it a couple of times before, but here Matt Yglesias lays out the full history behind the quirk that is Argentine burger prices.

3. Dear Bank of Japan: So you tried the easing thing a gazillion times… (FT alphaville)

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David Keohane suggests that maybe Japan might like to consider a currency floor.

4. If Hollande takes victory he will need to win Merkel over too (Independent)

Margareta Pagano writes that Hollande’s first visit as president should be to Berlin to persuade Merkel that austerity alone is not enough.

5. Tax Me, for F@%&’s Sake! (The Daily Beast)

Stephen King scolds the superrich (including himself—and Mitt Romney) for not giving back, and warns of a Kingsian apocalyptic scenario if inequality is not addressed in America.

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Select and enter your email address Your weekly guide to the best writing on ideas, politics, books and culture every Saturday. The best way to sign up for The Saturday Read is via saturdayread.substack.com The New Statesman's quick and essential guide to the news and politics of the day. The best way to sign up for Morning Call is via morningcall.substack.com Our Thursday ideas newsletter, delving into philosophy, criticism, and intellectual history. The best way to sign up for The Salvo is via thesalvo.substack.com Stay up to date with NS events, subscription offers & updates. Weekly analysis of the shift to a new economy from the New Statesman's Spotlight on Policy team.
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