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HomeShaun Richards

Shaun Richards

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Economics

Shaun Richards: China presses the economic panic button

September 24, 2024 David Shirreff 0

For several years the Chinese property sector has been turning from boom to bust. Now one could say that the Chinese cavalry has arrived. Read HERE Photo: China News Service/Creative Commons

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Economics

Shaun Richards: For all the recovery hype the economy of Greece is still in a severe economic depression

December 9, 2023 Mathew D. Rose 0

Let me wish Greece well as there is a long road ahead on what may well be one of the longest economic depressions ever seen. Read HERE  

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Finance

Shaun Richards: What are the economic consequences of “Dollarising” Argentina?

November 21, 2023 David Shirreff 0

Newly elected Argentine President Javier Milei seems to be a follower of the American economist Steve Hanke, a one-size fits all man: as in you should dollarise. How easy would that be? Read HERE Javier […]

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Economics

Shaun Richards: France and Portugal are adding to the German decline in the Euro area economy

October 5, 2023 Mathew D. Rose 0

This morning has brought more warning signs for the Euro area economy. This adds to the backdrop where the PMI business surveys have been suggesting a decline of 0.4% for GDP in the quarter just […]

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Economics

Shaun Richards: The ECB interest-rate rise leads to questions about the first cut

September 17, 2023 Mathew D. Rose 0

It is not even 24 hours since the European Central Bank interest-rate decision and quite a bit has changed. Read HERE

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Economics

Shaun Richards: The economy of Italy returns to being a Girlfriend in a Coma

September 5, 2023 Mathew D. Rose 0

Dark economic clouds are gathering over Italy Read HERE  

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Economics

Shaun Richards: Who thought the ECB would be sharply raising interest-rates with Germany in recession?

May 25, 2023 Mathew D. Rose 0

This morning has brought us back to some extent to a piece of economic orthodoxy. Putting it another way something which was always really rather likely is being presented as a shock of sorts. So […]

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Economics

Shaun Richards – ECB President Lagarde continues the rhetoric about higher interest-rates

May 23, 2023 Mathew D. Rose 0

The last week or so has seen a build up again of rhetoric from central bankers over more interest-rate increases. Over the weekend just gone, this was added to as you can see below. Read […]

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Economics

Shaun Richards – Why do we have a banking crisis in what should be plain sailing for banks?

April 27, 2023 Mathew D. Rose 0

One of the changes that the credit crunch brought in was that rules that were previously considered normal were broken. Let me start with what looks like an example of a previous rule. Read HERE

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Economics

Shaun Richards: The ECB is learning the hard way that precommitting on interest-rates is a mistake

March 16, 2023 Mathew D. Rose 0

A look at today’s 0.5% interest increase by the ECB and its consequences Read HERE

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Book Reviews

Economics

The Spectre of State Capitalism by Ilias Alami and Adam D Dixon

July 2, 2025 0

Reviewed by J. D. Evans Alami and Dixon’s The Spectre of State Capitalism is a careful discussion of a topic often dealt with in platitudes and sound-bites. The authors cover uses of ‘state capitalism’ as […]

Economics

Ricardo’s Dream: How Economists Forgot the Real World and Led Us Astray by Nat Dyer

June 15, 2025 2

Book Review by Branko Milanović This is an extraordinarily difficult book to review. Not because the main thesis is unclear or because it is written in a too complex way but because it combines, in […]

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