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As a short term solution, I would say they're probably right. However, sane advice would be to look for a sustainable alternative. I guess it's just because the
by eyko 11y ago
As a short term solution, I would say they're probably right. However, sane advice would be to look for a sustainable alternative. I guess it's just because they have a liberal bias, but in any case I can't see The Economist proposing a slower, yet more sustainable growth.
"After double-digit growth for much of the past decade, sales have slumped" - you don't say... or perhaps they expect that rate of growth to continue without end? Yes, it was a bubble.
- wjnc 11y ago-Against fuel subsidies in Indonesia [1] -.. and in general [2] -For carbon tax [3] (all imho: ) They are traditional liberal, and / but with a realist approach to economics. Massive market failures exist and need work. Market failures more often originate in government, than that new market failures need more government. [1] http://www.economist.com/news/asia/21638179-jokowi-abandons-wasteful-fuel-subsidies-fiscal-prospects-brighten-good-scrap http://www.economist.com/news/asia/21638179-jokowi-abandons-... [2] http://www.economist.com/news/leaders/21639501-fall-price-oil-and-gas-provides-once-generation-opportunity-fix-bad http://www.economist.com/news/leaders/21639501-fall-price-oi... [3] http://www.economist.com/news/leaders/21580146-world-will-one-day-adopt-carbon-taxbut-only-after-exhausting-all-alternatives-tepid http://www.economist.com/news/leaders/21580146-world-will-on...