No 192: Some suggested reading from Other Teachers

SOME of the teachers in the Economics Department suggested to me that the following articles would be very useful for you to read.

Firstly Mr Bowen passed on this very interesting interview with Mervyn King, the Governor of the Bank of England. He gives his views on the Credit Crunch, and what he thinks about the current economic situation. He also does not seem to like the Banks much!


Notice the picture of Merv on the left - let me know if you can think of a good title for it!


http://www.telegraph.co.uk/finance/economics/8362959/Mervyn-King-interview-We-prevented-a-Great-Depression...-but-people-have-the-right-to-be-angry.html

Next, Mr Gray has suggested this article written by the Nobel Prize winning economist, Paul Krugman. In it he presents a moderate Keynesian view criticising the effect of austerity measures on economic recovery. It's very readable and very relevant!

As you can see, the person who wrote the title to this picture on the right, doesn't quite agree with Mr Krugman's views...... 

http://www.nytimes.com/2011/03/04/opinion/04krugman.html?_r=2