The Great Unravelling

Paul Krugman in today’s New York Times

“We have a globalized financial system in which a crisis that began with a bubble in Florida condos and California McMansions has caused monetary catastrophe in Iceland. We’re all in this together, and need a shared solution.”

His article is the clearest bit of journalism that I have read in a very long time. He praises the British Government’s strategy of directly injecting fresh capital into the banking system in return for a share of their equity (so called part nationalisation).

The rest of the article is here

Oxbridge Economics: Introduction to Game Theory [21 May 2012]
Unit 3 Micro: Game Theory and Business Economics [21 May 2012]
Unit 3 Micro: Revision on Nationalisation [13 Apr 2012]
Price of Stamp increases to 60p [27 Mar 2012]
Unit 2 Macro: Focus on UK Manufacturing [6 Mar 2012]
Adapt or Die - Lord Bilimoria and the Cobra Story [4 Mar 2012]
Unit 3 Micro: Volkswagen targets growth markets [25 Feb 2012]
10 Solutions to Binge Drinking [21 Feb 2012]
Unit 3 Micro: Tesco Behaving Badly - Price Anchoring [17 Oct 2011]
Skidelsky in Madrid [12 Oct 2011]
Unit 3 Micro: Contestable Markets - Lucozade takes on Coca Cola [10 Oct 2011]
Unit 3 Micro: Oligopsony - Dairy Losses Drive Farmers from the Fields [10 Jul 2011]
A2 Micro: Price Discrimination [19 May 2011]
A2 Micro: Examples of Price Discrimination [19 May 2011]
A2 Micro: Outsourcing [18 May 2011]
A2 Micro: Moving Away from Profit Max [18 May 2011]
Review of “Adapt” by Tim Harford [9 May 2011]
Dominos Pizza turns to Behavioural Economics [5 May 2011]
Management lessons from the War in Iraq [30 Apr 2011]
Economics Recommended Reading - Summer 2011 [26 Apr 2011]
Shared Value and the Limitations of CSR [12 Feb 2011]
Shorting the market - the vultures target HMV [23 Jan 2011]
Tesco - Time to start a price war! [19 Jan 2011]
Economics Q&A: Tragedy of the Commons and Market Failure [18 Jan 2011]
Growth and Strategy at Domino’s Pizza [27 Nov 2010]
iLand - Shareholders and Taxpayers feel the Pain [24 Nov 2010]
Steven Johnson – Where Good Ideas Come From [2 Nov 2010]
Departing from pure profit maximisation [14 Oct 2010]
IMF signs off on UK’s fiscal plans [27 Sep 2010]
Essential business reading for the summer! [5 Aug 2010]
Euro Land and Optimal Currency Areas - A Valentine’s Day Massacre [29 May 2010]
Fosters Demerger - Beer and Wine rarely mix! [26 May 2010]
UK CEOs on their recession strategies [23 Feb 2010]
Warner on merger motivations and shareholder value [24 Jan 2010]
Law and Morality in Economic Life [26 Nov 2009]
Nationalisation - Teacher Presentation [17 Nov 2009]
Easy Coast line becomes state owned [15 Nov 2009]
Score Draw and Soccernomics [11 Oct 2009]
Managing a global business in turbulent times [23 Sep 2009]
Simon Henry at the Keynes Society [20 Sep 2009]
Hold the phone! [9 Sep 2009]
Jury’s Inn - An Example of Organic Growth [26 Jul 2009]
Taking the pulse around the UK economy - are the anti-virals working? [15 Jul 2009]
The scaling back of General Motors [12 Jul 2009]
East Coast Rail Line is Nationalised [1 Jul 2009]
King of Shaves takes on Wilkinette [21 Jun 2009]
Revision: Moving Away from Profit Maximisation [10 May 2009]
Friends Reunited and the Winners Curse [21 Feb 2009]
Negative mulitplier effects of a brutal outlook for carmakers [16 Jan 2009]
Budgeting for expansion [27 Oct 2008]
Mortgage Market - Closed for Business [29 Sep 2008]
Black Horse becomes White Knight [17 Sep 2008]
Dynamic pricing in car parks [10 Jun 2008]
Pricing the new iPhone [2 Jun 2008]
A to Z of AS Macroeconomics! [14 Mar 2008]
Sunset for the Rock [17 Feb 2008]
DAB - Dead and Buried? [12 Feb 2008]

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