Serious investment thinking that doesn’t take itself too seriously.
Leading economists share their thoughts on money, rates and prices
About ten years ago, the average residential rent in the UK was about £750/month, today it’s closer to £1,300 which is a 5.6% CAGR.
U.S real estate is having ‘a good cycle’. It is a long one by any standards. We are also seeing shifts between sectors. Single family homes have given way to apartments; but the...
The 19th of April was David Ricardo’s birthday. Or at least it would have been were he still alive. The classical economist has been dead for nearly 200 years, but his insights...
I’ve just been listening to a radio interview with Mark Carney, governor of the Bank of England, in which he prevaricated endlessly about whether UK Bank Rate was going to rise....
In recent years, a growing number of prominent economists, including Michael Woodford, Christina Romer and Larry Summers, have switched their allegiance from inflation targeting...
Most real estate value is created at the urban level, but some of the most expensive cities in the world are the least well-functioning. So, it does not follow that improvements...
Be more like Japan. That is the takeaway from a Bloomberg column by the always-interesting Noah Smith. His is the latest article to look at Tokyo’s approach to housing for...
Lord Willetts today gave a speech at the Resolution Foundation calling for wealth taxes to be imposed on the baby boomer generation in order to fund their health and social care...
Fifty years have passed since Milton Friedman delivered his groundbreaking American Economic Association Presidential address on the role of monetary policy. Unfortunately, many...
Keeping your funds in cash is generally viewed as much safer than holding them in stocks. This is because, on any given day, the value of the US and UK capital stock – as...