This post is authored by Vitor Batista, who works as developer for the Open Knowledge Foundation, and Neil Ashton, Data Roundup Editor for the School of Data blog. It is cross-posted from the PBS I
How a new era of fiscal scarcity could make Washington work better
With much of the global economy apparently trapped in a long and painful austerity-induced slump, it is time to admit that the trap is entirely of our own making. We have constructed it from unfortunate habits of thought about how to handle spiraling public debt.
Europe's three needs: a debt write-down, a real central bank, and a more efficient tax system Brussels Talk, Madariaga College, Governing Globalisation in a World Economy in Transition, June 27, 2012