Edward Hadas is Economics Editor at Reuters Breakingviews. He joined Breakingviews in both 2004 and 2011, with a year in between at the Financial Times as Assistant Editor of the Lex column. Before becoming a journalist, he worked for 23 years as an equity analyst in Europe and the US. He has written a book, Human Good, Economic Evils: A Moral Approach to the Dismal Science (ISI Books, 2007), and a course-book about political philosophy for the Maryvale Institute in Birmingham. Edward has degrees from Columbia University, Wadham College, Oxford and the State University of New York at Binghamton. He has a website, edwardhadas.com. Follow Edward on Twitter @edwardhadas
- Tel: +44 (0)20 7 542 0956
- E-mail: email@example.com
The German bank has belatedly recognised that it paid 5.8 bln euros too much for acquisitions dating back to 1999. It’s a little nutty, but to be expected. The real problem is the economically bizarre technique of accounting for premiums paid in acquisitions.
The U.N. and the pope have an agenda for a more prosperous and peaceful world, but politics and societies are built on much smaller scales. The ideal of solidarity can bridge the gap. Some companies are on the right path. The next step could be to globalise the welfare state.
The latest World Economic Outlook notes that reported growth is slowing, but cannot quite explain why. The picture would be clearer, and probably look brighter, if the IMF relied less on faulty measures like GDP and productivity. More attention to financial harm also would help.
- Lazy ants upend economic folklore
- Edward Hadas: VW shows two sides of pushy culture
- Emerging market debtor crisis likely and needless
- On economics, UK opposition could be more radical
- Edward Hadas: VW crashes into regulation
- "People's QE" is more sensible than unconventional
- Edward Hadas: Migration unpicks globalisation myth