

Originally published October 2021. The founder of modern economics, Adam Smith, was no fan of the merchants of his time. He regarded them as among the most responsible for how “the mercantile system”, as Smith called it, accorded legal privileges to politically...
The distorted market for woke capitalism

Offices 3.0
We are in the midst of the next evolutionary cycle. Enforced mass home-working caused by the pandemic has viscerally demonstrated that in today’s tech-infused world, knowledge-based ‘work’ need not necessarily be performed in an office. This has triggered public...
Offices 3.0

Greedy corporations and inflation
Inflation in the United States was over 7% in 2021. This is dramatically higher than just a couple of years ago when it was less than 2% per year. Why did it go up? The most obvious answer – and the one consistent with an extraordinarily large amount of evidence – is...
Greedy corporations and inflation

Outlook for the size of the UK listed real estate sector
Originally published October 2021. A decade to be optimistic? Somewhere amid the carnage of the retail sector, the existential navel-gazing of the office sector and the irrational exuberance of sheds, meds and beds (where investment yields are vanishing as quickly as...
Outlook for the size of the UK listed real estate sector

To build back better, build a police station
Events in the US following the murder of George Floyd are an object lesson in what happens when policing is ripped out of communities. From Minnesota to Seattle via San Francisco, the progressive fetish of slashing police numbers in reprisal for bad law enforcement –...
To build back better, build a police station