Chicago Booth Review (May 8)
The United States “will miss having reliable data.” The U.S. government “has recently taken steps to pare its infrastructure for economic data collection and analysis, including shuttering the Bureau of Economic Analysis Advisory Committee and the Federal Economic Statistics Advisory Committee.” Based on a March poll, economists ”expressed broad concern about how eroding the government’s data-collection resources might affect the quality of American economic information—and the decisions based on it.” There responses suggested “that less reliable statistics won’t just be a problem for policymakers.”
Tags: Analysis, Bureau of Economic Analysis Advisory Committee, Data collection, Decisions. Statistics, Eroding, Federal Economic Statistics Advisory Committee, Government, Infrastructure, Pare, Policymakers, Quality, Reliable, U.S.
The Guardian (March 18)
“The UK remains on track for a ’disastrous decade’ of stagnant incomes and high taxes, despite cuts to public services” based on recent budget analysis. The Resolution Foundation thinktank determined that, after accounting for inflation, “typical household disposable incomes were on course to be lower by the end of the forecast period in 2027-28 than they were before the pandemic.”
Tags: Analysis, Budget, Disastrous decade, Disposable incomes, Forecast, High taxes, Household, Inflation, Pandemic, Public services, Stagnant incomes, Thinktank, UK
Investment Week (February 7)
“New analysis of climate pledges by 25 of the world’s largest companies has revealed that the majority cannot be taken ‘at face value’ and ‘exaggerate their actions’, with many only committing to reduce their emissions by 40% on average, not the 100% they claim.” The Corporate Climate Responsibility Monitor found that of the 25 companies, only Maersk’s net-zero pledge has “reasonable integrity.”
Tags: Analysis, Claim, Climate pledges, Committing, Corporate Climate Responsibility Monitor, Emissions, Exaggerate, Integrity, Maersk, Net-zero pledge, Revealed
Euromoney (May Issue)
“Investigations into allegations of market fixing in foreign exchange are spreading into the very heart of the business. Those running the world’s biggest FX houses live in fear of what analysis of hundreds of millions of calls and emails will unearth.”
The Economist (July 20)
European leaders are beginning to address the youth unemployment crisis, but the measures they are introducing “suffer from the same flaws that have plagued the European Union’s response to the crisis over the past three years: a lack of boldness, an incomplete analysis of the problem and an excessive faith in copying German policies.” With nearly 8 million European youth not in work, education or training, the problem is massive and the proposed measures “not nearly enough.”
Tags: Analysis, Boldness, Crisis, Europe, German policies. Education, Leaders, Training, Youth unemployment
