Since one of the greatest financial crises in human history, you can count on one hand how many British bankers have gone to prison for fraud. Understandably, UK taxpayers are asking why, especially after the […]
With only a few days into a new right-wing UK government, a minister has conceded that extra nurses in the publicly-funded National Health Service (NHS) won’t be in place for another decade. This admission has been […]
Over millennia – and certainly since ‘Field of Dreams’ – the idea that if you “build it, they will come…” has prevailed. After Kevin Costner’s massive success, it seems that politicians have been taking his […]
It will come as no surprise that a recent poll indicated that economists are among the least-trusted professionals. They’ve made blundering mistakes on everything from claiming financial crises can happen to not facing the most […]
Warren Buffet’s sidekick Charlie Munger once said: “Show me the incentives and I’ll show you the results.” His logic is simple, when the incentives are misaligned, so too are the outcomes. Banking is a sector […]
The rise of China and other emerging economies isn’t a new phenomenon, nor is the rhetoric around the sun setting on the US Empire. But is this analysis of a new world order too simplistic? […]
One of the central ideas in the push for globalization is for the state to become subservient to the corporates, and for citizens to become submissive consumers. Is it any wonder that our political classes […]
Margaret Thatcher is undoubtedly one of the most divisive characters in British political history. But whatever you think of her, she’s a woman whose economic policies have had repercussions that are felt today. She will […]
There are three fundamental issues that lie at the heart of our current economic malaise: the first is unearned income and wealth from land rent, the second is the creation of money by privately owned […]
Since the 2008 financial crisis, we have been consistently told that the economic recovery is going to plan. The problem with this line is that very few people believe it – and even fewer have […]
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