Topic: bloomberg view
Bloomberg: Maybe the Fed did not guy Volcker rule
There are better ways than the Volcker Rule to limit the scope of taxpayer subsidies – but they aren’t happening any time soon.
Bloomberg: Britain is still dithering over Brexit
To avoid inflicting unnecessary damage on Europe and a shattering blow on Britain, May and her government need to move much faster.
NATO troops can’t fight if they’re stuck at customs
Nobody wants war, but projecting a credible response is a vital part of deterrence.
Bloomberg View: Brexit bill should not derail the talks
The final figure will be more a matter of politics than accounting. Britain’s strategic position is weak, so it will have to give more ground than it would like — and the sooner it gets used to this idea the better.
Flam: Farmers have tech; weeds have evolution
Some 12,000 years ago, with the invention of farming, humans started a war against weeds – and the weeds are still a step ahead.
Fox: Time Warner’s boss wants out of cable. Should you?
He is the least sentimental of the media moguls, known for being a dispassionate judge of a business’s worth. And now he wants to sell Time Warner. Maybe we should be listening to what Jeff Bewkes is telling us.
Bloomberg: Europe’s capital shortfall
Less than a decade after the financial crisis, Deutsche Bank is in trouble again.
Smith: Has finance peaked?
It’s time to ask a scary question: How much of the financial industry will soon be obsolete?
Bloomberg: Europe’s Google News tax makes no sense at all
A “Digital Single Market,” like a single currency, is one of those grand European ideas that sounds better than it works.
Singh: A Labour Party split is electoral suicide
Labour has been here before. In 1981 [...] a group of moderates broke away to form the Social Democratic Party. The adventure ended in failure, and the 1983 election saw Margaret Thatcher lead the Conservatives to their most decisive postwar victory.
Raphael: The great British education divide
While the details are not yet clear, [May’s] plan seems to make grammar schools more meritocratic and more open to underprivileged pupils.
Bloomberg: Break up ‘Big Syrup’
Most cartels – whether they seek to control oil, diamonds, cheese curds or whatever else – exist mainly to transfer wealth from buyers to sellers. That’s not something governments should be helping producers to do.
Flam: The inventions that changed our genetic code
Of all living things, why do humans alone create advanced technology?
Bloomberg: Moving UK, EU ever closer to Brexit
Nobody said quitting the European Union would be easy.
McArdle: Europe’s migrants – Too many men
Cultures, particularly homogenous cultures, do need time to absorb and assimilate migrant flows.
McArdle: The Olympics do not have to be a fiscal disaster
The Rio Olympics have not yet proved to be the disaster that some had feared. Zika still lurks about, of course, but we haven’t heard the kind of humiliating tales of catastrophes small and large that dogged the Sochi Winter Olympics in 2014.
Bloomberg: A college degree just might get you a side job
A lot of Americans are doing work on the side these days. This is not apparent in the monthly employment data, which showed only 4.6 percent of workers holding multiple jobs in June, down from more than 6 percent in the mid-1990s.
Bloomberg: What Britain should ask for in Brexit negotiations
"Brexit Czar" David Davis needs to plan not just for the most mutually advantageous settlement, but also for what happens if the talks go badly.
Bloomberg: Desperate Venezuela gets a frightening new comandante
Putting the military and neighborhood loyalists in charge of food deliveries also raises a more chilling prospect: that only Maduro’s supporters will eat.
McArdle: Judge not your neighbor’s love for Mac n’ Cheetos
The moralization of what we put in our bodies goes back at least to Deuteronomy, and probably long before.
Mody: Drop the ‘Brexit’ panic talk
The doomsday narrative of British Prime Minister David Cameron, the Bank of England and their official friends around the world is setting a course for a self-fulfilling financial panic.
Hammond: Even if Cameron wins the Brexit vote, he loses
Andrew Hammond
Nobody doubts that a vote to leave the EU on June 23 could bring enormous change in Britain’s relationship with Europe and its...
Crook: How the EU pushed Britain to leave
Project Fear was a potentially fatal mistake. The positive case for a British future in Europe needed to be made as well.
EU digital strategy divides, doesn’t conquer
Perhaps the biggest reason Europe has not produced digital economy giants like Google, Amazon, Facebook or Netflix is that there’s no such thing as “Europe.”
Bernstein: The myth of the ignorant voter
From the department of not understanding politics.
Smith: Are automated lawyers coming?
Microeconomic theory gets little attention. The public usually only hears about macro, tax or labor economics - the things that affect day-to-day life. But deep within the stygian recesses of academia, bright mathematical minds are working on the economics of the next century.
Smith: There’s too much red tape (but only a little)
I’m very sympathetic to the idea that regulation holds back growth. It’s easy to look around and find examples of regulations that protect incumbent businesses at the expense of the consumer; for example, the laws that forbid car companies from selling directly consumers, creating a vast industry of middlemen.
Bloomberg: UK can’t afford to quit EU
If it votes to leave the European Union in next month’s referendum, Britain will bear a substantial and lasting economic cost: That’s the conclusion of several authoritative new studies.
McArdle: Death by a million rules
Each hour of a firm’s time that is sucked up by compliance is an hour that is not spent growing the firm, improving the product, better serving the customer.
El-Erian: Argentina’s triumphant return
Last week, international capital markets enthusiastically granted redemption to Argentina, a serial defaulter on money it has borrowed from external creditors.
Bershidsky: EU could live without UK
There are two sides to any divorce, and the relatively passive partner – in this case the EU – must also consider the impact of losing Britain.
Champion: Obama is right: UK should stay in EU
U.K. voters need to hear what U.S. President Barack Obama has to say, because proponents of leaving the EU have already involved the U.S. in their campaign.
Mihm: ‘Customer service’ at the IRS
For seven decades, the IRS has struggled to answer questions about the increasingly byzantine tax code. Sometimes it has succeeded; just as often, it has failed.
Gilbert: Bond yields predict ‘new mediocre’ is here to stay
“In price is knowledge” was the dictum drummed into me by an editor when I first started writing about finance.
Paul: Investors’ love affair with London property
Britain’s economy may be growing at a faster rate than its European counterparts, but there are two statistics that ought to give concern: London’s stratospheric real estate prices and the country’s current account deficit.
Bershidsky: The risky mix of politics and offshore finance
What purpose do the Panama Papers investigations really serve?
Crook: Obama’s Brexit ‘hypocrisy’
Obama might at least pay the Brits the courtesy of understanding their distinctively American ideas about sovereignty.
Flam: Trust in science?
Yes, science is fallible. Scientists are only human and science is not a synonym for truth. It’s a bumpy, meandering road that heads in that general direction.
Winkler: It’s time to stop bashing Wall Street
There’s a perverse competition among some presidential candidates: Who can most loudly blame Wall Street for the problems of Main Street. They’ve got it wrong.
Bloomberg: Argentina’s lessons
Before Argentina’s debt crisis is resolved – and prospects have been looking better lately – it’s worth pausing to ask why the stalemate has lasted so long. (More than a decade, but who’s counting?)
Bloomberg: Zika and the war against mosquitoes
Ending the Zika public health emergency will require a persistent assault on the mosquitoes that carry the virus.
