Smart Links 19 April 2012
Commentary on Sweden’s excellent finance minister, Spanish woes, Japanese engineers working in China, thoughts on China, America`s tax maze, inequality in America, and Canada`s white skinned judges.
Balancing the economy and social justice with good economics. Thanks to David of London.
Spectator -- Anders Borg: Europe's best finance minister
In the current issue of The Spectator I interview Sweden’s Anders Borg, perhaps the most successful conservative finance minister in the world — both in his economic track record, and the accompanying electoral success.
Spain in the firing line.
Financial Times -- Spain's struggle persists
Spain's bond yields have dipped back below 6 per cent but two problems linger - its housing bubble is yet to deflate and its austerity drive faces rough regional roads.
Go west young man. Thanks to Jeremy of Tokyo.
New York Times -- Japanese Engineers Find New Life in China
Their technical skills helped Japan’s corporate giants sweep all before them in the 1980s, and now thousands of aging Japanese engineers are finding a new lease on life in a booming China.
Our good friend Ken Courtis sets the record straight about Chinese currency revaluation. Thanks to John of Toronto. (ed’s note – starts at 3.00)
America’s tax mess.
New York Times – Coming Soon: Taxmageddon
ON Jan. 1 of next year, the federal tax bill for a typical middle-class household — making in the neighborhood of $50,000 — is scheduled to rise by about $1,750.
New Yorker -- Inequality 101: The Picket Fence and the Staircase
When a group of millionaires appear onstage with a Democratic President to call for higher taxes on people like them, you know one of two things: either the President is in Hollywood, or something interesting is happening in the country at large.
Pdf below – The Myth of Increasing Income Inequality
Hopefully justice is blind.
Globe and Mail -- Of 100 new federally appointed judges 98 are white, Globe finds
In the past three and a half years, the federal government has appointed 100 new judges in provinces across the country – and 98 of them were white.
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