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This book is really two books. The first – which I found original and fascinating – is on the negative consequences of the widespread use of cash in modern economies. Although the point has been made ...
The contrast between Brecht’s whimsy and the catch phrase of The Apprentice, ‘You’re fired.’, illustrates why the skills of the successful business leader differ from those of the successful ...
Book Review: The Big Short by Michael Lewis This book is a remarkable achievement. It is as gripping as a thriller, yet it manages to ex... Continue reading ...
Book Review – Uncommon Sense: economic insights, from marriage to terrorism – Gary Becker and Richard Posner This book finds its origin in an unusual blog. The creators of the blog and authors of the ...
Once upon a time, there was a wise and kindly Emperor, with a faithful retainer called Sid. One day, the Emperor took him aside ‘ ...
The triumph of the market system over the planned economy was probably the defining economic event of our lifetime, its symbol the collapse of the Berlin Wall in 1989. In the advanced economies of the ...
The 19 th century was the century of the rise of large states. Countries became bigger, empires were formed. Continental Europe saw the political reunification of German and of Italy. France, and ...
In the twentieth century, states became smaller. The century began with the collapse of the weakest and most decayed empires, Turkey and Austria-Hungary. In the second half of the century, the ...
Scotland’s economic status as an independent country would be heavily conditioned by the outcome of negotiations with the EU and RUK. The terms of accession to the EU are mostly predetermined and the ...
The fall of the Berlin Wall in November 1989 was the defining economic event of our lifetime. It marked the end of the most extensive controlled experiment in the history of social sciences – the ...
The triumph of the market economy over planned economic organisation is perhaps the greatest economic story of our lifetime. There are broadly two elements to an account of why this happened: These ...
Independence for the Bank of England has been one of Gordon Brown’s most successful policy initiatives. Independence for the Office for National Statistics seems an equally admirable proposal. But ...