Zanny Minton Beddoes Quotes
America should do more to fix the still-festering housing crisis and overhaul its training schemes so that high joblessness does not become entrenched. Hunkering down for austerity is not enough. The rich world needs a strategy for growth.
Beddoes, Zanny Minton. "A Phoney Recovery." The Economist, 7 Oct. 2010.
There are some conservative economists and businessmen who believe that it is desirable to have some unemployment as a bulwark against inflation. If there are people without jobs, they will hold the general wage rates down.
Susan Jean Elisabeth "Zanny" Minton Beddoes is a British journalist. She is the editor-in-chief of The Economist, the first woman to hold the position. She began working for the newspaper in 1994 as its emerging markets correspondent.