Daily Archives: December 1, 2009

Ingram Pinn illustration

The Copenhagen summit on climate change is going to fall short. Does this matter? Yes and no: yes, because the case for action is so strong; no, because the likely agreement would be inadequate. Tackling climate change will be hard. It is crucial that we achieve the goal effectively and efficiently. The likely further delays should be used to achieve just that. Read more

From the FT:
Retread required: State of global trade governance – Analysis
Deflating the bubble – Charles Goodhart
Central banks vs. governments – Chris Giles on Money Supply blog

From elsewhere:
Systemic risk and Fannie Mae - Wall Street Journal
Hoarding international reserves: Lessons from the crisis – Joshua Aizenman
Things to come – Paul Krugman