Support 100 years of independent journalism.

  1. Business
  2. Economics
2 May 2012updated 26 Sep 2015 7:17pm

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)

Sign up for The New Statesman’s newsletters Tick the boxes of the newsletters you would like to receive. Quick and essential guide to domestic and global politics from the New Statesman's politics team. The best of the New Statesman, delivered to your inbox every weekday morning. The New Statesman’s global affairs newsletter, every Monday and Friday. A handy, three-minute glance at the week ahead in companies, markets, regulation and investment, landing in your inbox every Monday morning. Our weekly culture newsletter – from books and art to pop culture and memes – sent every Friday. A weekly round-up of some of the best articles featured in the most recent issue of the New Statesman, sent each Saturday. A weekly dig into the New Statesman’s archive of over 100 years of stellar and influential journalism, sent each Wednesday. Sign up to receive information regarding NS events, subscription offers & product updates.
I consent to New Statesman Media Group collecting my details provided via this form in accordance with the Privacy Policy

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.