Thursday, April 23, 2009

Two French Economists on the Crisis

Thomas Piketty looks at the Irish dilemma and proposes that the EU condition aid to smaller countries in trouble on a pledge to ban "fiscal dumping," i.e., the use of low corporate taxes to lure business.

And Etienne Wasmer examines the effects of the crisis on employment and speculates about possible social and political consequences.

1 comment:

Tom Holzman said...

Re Piketty - welcome to the race to the bottom, a well-known phenom in American law.