Salient to Investors:
Caroline Baum writes:
C. Fred Bergsten says Sweden combines a social welfare society with a free-market economy and a high degree of government efficiency: nearly two-thirds of Swedes confirm by phone that the tax form prepared for them by authorities is correct.
Michael McDonald at Bloomberg News says that Summers, as president of Harvard, used interest-rate swaps to lock in a low rate for financing a science complex.
Felix Salmon at Reuters says Summers would be the most political Fed chair in living memory: he has spent most of the past 5 years doing everything in his power to shape and advance Obama’s agenda.
The top 5 economic blogs are: Conscience of a Liberal (Paul Krugman), Economix, FT Alphaville, Vox and Marginal Revolution.
Read the full article at http://www.bloomberg.com/news/2013-08-30/baum-s-view-on-money.html
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