Anonymous Writer

Finance

How to be happy? Start enjoying failure

As part of the recent Alumni Day that saw an array of exciting talks and panel discussion, economist Tim Harford visited Warwick to claim the mantle of key-note speaker. For a theme entitled, ‘The Happiness Effect’, the immediate reaction may be surprise. What does so great a sceptic as Harford,...
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Posted Jun. 23, 2013
Finance

Rating downgrade a ‘humiliating blow’

**On August 4, 2011, Credit rating agency Standard & Poor’s (S&P) downgraded its credit rating of the United States from AAA to AA+. On January 13, 2012, S&P decreased its credit rating for France from AAA to AA+. Last Friday, Moody’s Investor’s Service decreed that it was the United Kingdom’s...
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Posted Mar. 12, 2013
Finance

A greater threat to National Security

Debt is the single biggest threat to our national security’, proclaimed the then chairman of the Joint Chief of Staff, Michael Mullen in 2011. The US deficit has since risen to $16 trillion. It is expected to rise further. This prediction assumes growth will continue to be minimal and that...
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Posted Dec. 3, 2012
Finance

Recession over… this time for good?

It’s official: Britain is out of recession. After being plagued by 5 per cent inflation, sluggish recovery and at its crescendo – the double-dip recession – the United Kingdom has returned from the wilderness. At one time it seemed the British economy could disappoint no further. Growth rates were lower...
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Posted Oct. 30, 2012
Finance

A pawn on a floating chessboard

The government is cutting too far too fast, declares Ed Balls. He is not alone in his view. Polls in August assigned Labour a double-digit lead over the Conservatives. Austerity was never going to be popular. If the slump persists, the double-dip recession may be the turning point at which...
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Posted Oct. 17, 2012