Best of the Moment
business-economics
middle-east
OK, we all know ‘Call me Ishmael’ but who can quote the second line of Moby Dick? Steve Lance chooses FiveBooks about advertising and tells us what makes a message stick.
China’s economy is central to expectations of where global growth is headed in 2010, but LSE’s Dr Kent Deng argues that, contrary to Eurocentric opinion, China has always been an important part of the world economy. He chooses FiveBooks on China’s place in economic history.
It’s official – the recession is now over. No more bank bail-outs, we hope, but what about banking in developing countries? Stuart Rutherford, author of The Poor and Their Money, chooses FiveBooks on the financial needs of people on very low incomes.
A year ago governments saved their biggest banks from collapse, but now they are wondering how big really is too big. Economist Robert Barro says the stimulus package was a waste of money. He chooses the best reads on the lessons of the Great Depression.
The Federal Reserve announced plans today to scrutinise bankers' big bonuses, but investment strategist Marc Faber says avoiding another crisis means embracing unpredictability - in 20 years time we might be living on the moon. He chooses the best Five Books on investment.
As the US media report a return to economic growth Robert Skidelsky champions Keynesian economic theory and threatens dissenters with a big stick. He chooses the best Five Books on Keynes.
As today's Senate hearing examines the state of the banking industry, Nobel Prize winning economist Eric Maskin says that, contrary to popular perception, economic theory did anticipate the financial crisis and members of Congress had better start paying attention if they want to prevent future crises.