“The Risk of Sovereign Debt” by David Howden
With a 50 percent haircut recently given on the Greek sovereign-debt question, investors are increasingly asking what the real risk of sovereign debt is. Instead of easing investors’ fears of a Greek default, events have concretely demonstrated that the risk expectations on Greek debt should be reset higher.
“The Strike-Threat System” by William H. Hutt
A strong tradition of leniency toward the implications of union activities existed among the British economists.
Source link: http://archive.mises.org/19748/mises-daily-wednesday-december-07-2011/
Mises Daily: Wednesday, December 07, 2011
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