Serious investment thinking that doesn’t take itself too seriously.
Leading economists share their thoughts on money, rates and prices
"Whom the Gods Intend to Destroy… They first make mad.” Bitcoin is either the greatest thing ever, or a complete Ponzi. Take your pick. The Shills cite multiple reasons its going ever higher. It looks to be in the speculative mania phase – joining a long and distinguished list of scams that sought...
Insights into how financial contagion changed how central banks react during a crisis. This year’s Nobel prize in economics, known as the Sveriges Riksbank Prize in Economic...
Once upon a time there was… Well, an Old World which two-thirds of the UK population – those not into their mid-50s – will fail to comprehend and could not possibly want to live...
Time to stop defending the rest of the world. A new year dawns bright, with the US hurtling over the fiscal cliff. The lame duck Congress voted for a pork-packed $1.7tr...
Alongside the Private Rental Sector, there is another segment of British property which can reasonably be considered to fulfil dual residential and commercial roles; where ones...
Originally published October 2022. In what follows, I will do my best to remain as sensitive to the calamitous human toll the war in Ukraine has and continues to take. Do my best...
Originally published November 2022. In his quest to ensure that no pound is left circulating outside of the Treasury’s coffers, Jeremy Hunt is attempting to set out some £60bn in...
The UK did NOT enter recession in 2022 Last week’s news will come as a surprise to many (and a great disappointment to some) as the Bank of England’s forecasts from as...
Originally published December 2022. It began in 1947 as a refreshing new measure, but has long since become a Ridiculously poor price index; unless, that is, you own what it...
On our journey looking at world economic developments, crises are sadly rarely far away. Indeed, our subject of today has in many ways been one long-running crisis. But the 2022...