|
|
|---|
Friday, October 2, 2009
After a light posting week, some weekend reading:
-The Commission on the Measurement of Economic Performance and Social Progress, established by French President Nicolas Sarkozy and counting among its members Nobel Prize winners Joseph Stiglitz and Amartya Sen, has concluded that GDP is a misleading and incomplete metric, too much so to be the primary measurement of a country's economic health. You can find the report here, and speeches introducing the report here.
-Moody's says the US and UK 'could become vulnerable' to ratings cuts after 2012 if...I know what you're thinking: it seems pretty stupid for a ratings agency to speculate over a country's credit rating years in advance. I agree.
-The FT introduces the 'new Tory establishment.' If, of course, they win.
Labels: economia, sovereign debt, United Kingdom
