We seem to have miscalculated
“What will futurity make of the Ph.D. standard ? Likely, it will be even more baffled than we are. Imagine trying to explain the…
Striking gold
“Sir, Martin Wolf in his article “Radical cures for unusual economic ills” suggests an abandonment of free market capitalism, as it has been practised…
“Smacking a skunk with a tennis racket”
“Finally, as expectations of rapid inflation evaporate, I want to contribute to the debate about the November 15, 2010 letter signed by 23 US…
Brave new world
“Sir, Adair Turner suggests some version of monetary financing is the only way to break Japan’s deflation and deal with the debt overhang (“Print…
Road to nowhere
Spring 2010: A gradual recovery Autumn 2010: A gradual and uneven recovery Spring 2011: European recovery maintains momentum amid new risks Autumn 2011: A…
Into the unknown
“Sir, Your headline “Fed’s grand experiment draws to a close” (FT.com, October 29) combines ignorance of what quantitative easing is with insouciance as to…
Like treating cancer with aspirin
“Sir, Your editorial “A Nobel award for work of true economic value” (October 15) cites the witty and memorable line of J M Keynes about…
Ten problems, or just one?
“Sir, The next financial apocalypse is imminent. I know this to be true because the House & Home section in FT Weekend is now…
Market failure
“There are two ways of learning how to ride a fractious horse; one is to get on him and learn by actual practice how…
A black mark for benchmarks
“Sir, So Ed Miliband “forgot” to mention the deficit. This from a man who was a key member of the team that ran up…