Sunday, May 09, 2010

Reading list

The newspapers' coverage of the real crisis in Greece is far better than the endless speculation engendered by the general election result. Here are a few good links:

Larry Elliott explains simply why "This Greek bailout is not a recovery plan – it is an economic death spiral" and follows it up with a longer article here.

Joseph Stiglitz writes with urgency of the need to reform the Euro or, if that is not possible, "to admit failure and move on than to extract a high price in unemployment and human suffering in the name of a flawed economic model".

Helena Smith adds her knowledgeable personal take on the "Greek spirit of resistance".

Whilst Ruth Sunderland writes about the control of market speculators.

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