economy – The Property Chronicle
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Israel is a lesson in what makes nations thrive The economic and political achievements of the Jewish State are undeniable

This week I joined in the celebration of the 70th anniversary of the founding of Israel at an event at magnificent Andrew W. Mellon Auditorium in Washington, D.C. In attendance were many of America’s movers and shakers, including US Vice President Mike Pence. The Jewish State, as many readers on both sides of the Atlantic know, […]

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The Rich List is evidence that capitalism isn’t broken 94 per cent of the 1,000 people on the Rich List are self-made

Interesting proof that Thomas Piketty got the modern economy wrong comes from The Sunday Times’s annual rich list, which was published yesterday. Some 94 per cent of the 1,000 people made the cut not by getting rich the old fashioned way — by marrying or inheriting — but instead by making it. The Sunday Times findings […]

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Ricardo’s ideas are as indispensable today as they were 200 years ago David Ricardo understood that wealth isn't a zero-sum game

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 and theories remain immeasurably valuable today. Yet Ricardo was, in many ways, an unlikely economist. Born into a large Sephardic Jewish family, he […]

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What Tokyo can – and can’t – teach us about the housing crisis With 100,000 new dwellings a year, Tokyo’s housing stock has kept pace with its population

A house roof with two dormer windows and the sun shining between them

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 answers to the spiralling cost of homes in comparable Western cities. On the surface, the lessons are straightforward, with Tokyo serving as a heartening reminder that […]

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New taxes are no way to reduce generational inequality There is a cost of living crisis; cutting taxes for those working is the best solution

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 in old age and to prevent the burden being placed on younger generations. Moreover, he has also called for a radical rethink of the […]

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