Words matter. These are the best Zanny Minton Beddoes Quotes, and they’re great for sharing with your friends.
The impact of a minimum wage depends on how high it is to average wages. If you have too high a minimum wage, it will hurt job creation, and you will have negative job effects.
Europe’s budget plans are better designed: countries from France to Greece are raising retirement ages; others, from Britain to Germany, have created new organisations and rules to encourage fiscal probity. But Europe risks overkill.
German predominance is not all-encompassing. In foreign affairs and military matters, for instance, France and Britain still play a much bigger role. But across a large swathe of European policy, Germany has become much more than a first among equals.
Although the world has changed dramatically since 1843, we believe that the values that guide ‘The Economist’ are as relevant as ever.
Developing countries have much to gain from capital mobility: the ability to tap external sources of finance, greater financial efficiency from deeper stock and bond markets, and technology transfer and know-how from foreign direct investment.
Firstly, I think the values that underpin all liberals, frankly – classical liberals, all liberals – of respect for the individual and freedom are worth fighting for.
We have no idea in what way tomorrow’s consumers will want to consumer their media.
I care about waking up to the true issues of the 21st century: inequality, diversity, and the impact of tech.
Many European countries and Japan need to free their labour markets and liberalise services to boost productivity growth.
I’m a classic English liberal. A classical liberal, which is different to the modern interpretation of liberal in America.
It’s very important to say that what I mean when I say ‘liberal’ is liberal in the 19th-century British sense. Pro-market, pro-individual, freedom, pro-openness. Not the American sense.
Subscriptions is the bulk of our business; ads are nice to have on top of that.
Free-trade enthusiasts fret that regional trade arrangements divert more trade than they create.
I can’t wait for the day when it is no longer newsworthy that a woman is appointed editor of a newspaper.
The problem with one single minimum wage is that you don’t allow for younger people, who are less skilled and maybe more easily pushed out of the job market, or that the minimum wage should vary for different regions.
The industrial world enjoys a rare combination of growth and low inflation; the ‘Washington consensus,’ a model of economic development that emphasizes macroeconomic discipline and open markets, is being adopted by more countries.
When financial sectors are small and capital is mobile, floating exchange rates spell massive currency volatility. When a lot of foreign capital flows in, a freely floating exchange rate rises sharply, wreaking havoc for domestic banks and exporters alike.
America should do more to fix the still-festering housing crisis and overhaul its training schemes so that high joblessness does not become entrenched. Hunkering down for austerity is not enough. The rich world needs a strategy for growth.
The IMF played crucial roles in the 1980s debt crisis and in the transformation of former communist economies. Radical change, many might argue, is neither necessary nor desirable.
Regional currencies will prove the best route to reconciling the economic imperatives of increasing international capital mobility with the political realities of the nation-state.
The former West Germany was a semi-sovereign political pygmy, protected by America’s military might and with barely any foreign policy of its own. As a result, the country has no machinery or tradition of strategic thinking, and most Germans are loth to see their government take the lead.
It is foolish for anyone to be complacent.
