The good, cheap central banker's guide

Article Abstract:

Central bank governors in most countries earn very healthy salaries, often not in line with the way they manage inflation. In fact, it seems the higher a central bank governor's pay the higher inflation that country has. US Federal Reserve Chairman Alan Greenspan earns less than any other governor.

Officials and employees, Central banks, Monetary policy

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Back from the brink: Philadelphia

Article Abstract:

Mayor Ed Rendell has brought Philadelphia, PA back from near financial collapse by careful budget management, successful negotiation with unions and imposing a wage tax on visiting athletes. For the first time since 1986, Philadelphia's budget will be balanced.

Finance, Economic policy, Economic development, Philadelphia, Pennsylvania, Rendell, Edward G.

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