“…there is a direct correlation between becoming a cashless society and becoming a digitally innovative society. ”
Standard & Poor’s downgraded France’s credit rating from AAA to AA+ (for real this time) Friday, along with that of eight other European countries. The downgrade is a blow to France which, as the Post’s Howard Schneider and Edward Cody report, has attempted to stave off a potential ratings drop through spending cuts and tax hikes.
Gernot Wagner is the author of But Will the Planet Notice? How Smart Economics Can Save the World. He teaches at Columbia University and is an economist at the Environmental Defense Fund.
Five years ago, top Harvard College graduates flooded Wall Street. They were small cogs in a race-car engine, except the car was speeding over a cliff. It’s no wonder that today’s graduates are reconsidering their career choices.
They should start with economics.
