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A quick look at Bloomberg News's opinion section

April 10, 2013 For more, visit
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FROM THE EDITORS

North Korea: "News outlets that rely on clandestine reports from inside North Korea suggest that preparing for war has given way to preparing for spring planting. Of course, just because Kim Jong Un has no interest in starting a war doesn't mean that he can't stage some dangerous incident -- all designed to get the U.S. to talk to him."


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Brown-Vitter: "Momentum is building in Washington for a reform that would make extremely large banks less threatening to the U.S. economy. . . . Two senators, Democrat Sherrod Brown of Ohio and Republican David Vitter of Louisiana, plan to offer a bill that would require banks to finance their businesses with more equity from shareholders, as opposed to money borrowed from creditors."

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COMMENTARY

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Cass R. Sunstein

Do tip suggestions in taxis affect the tip amount? Behavioral economists would suggest that "because people don't like to do even a little bit of extra work, the suggestions will matter a lot, and the average tip will increase significantly. The prediction has turned out to be right, with one important qualification: There's a backlash effect, with more customers giving no tip at all."
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Megan Greene

"Cypriots sitting in the cafes here on Nicosia's Ledra Street are asking one another if there isn't an alternative to their island's bailout. . . . The answer to their question is that there may be another way: Leaving the euro would be a better option for Cyprus if -- and only if -- it can secure cooperation from its troika of creditors: the International Monetary Fund, the European Commission and the European Central Bank."
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Andrei Lankov

Gradual capitalist reforms might be good for North Korea, but "they would be far too dangerous for the current North Korean elite. As a consequence, they're unlikely to be implemented anytime soon."

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Melvyn Krauss

U.S. Treasury Secretary Jacob J. Lew is using his trip to Europe this week "as an opportunity to deflect attention back home from the real causes of bad economic news in the U.S. . . . It is no great mystery why the U.S. job figures slumped last month -- and it has little if anything to do with Europe."

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FROM THE BLOGS

The Ticker

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Josh Barro on Bobby Jindal's tax failure
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The Ticker

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Jonathan Weil on the mystery of Herbalife's KPMG auditor
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World View

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Adam Minter on the Chinese government's efforts to convince the public that bird flu there is unrelated to dead pigs
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