Which country had the best performing economy in Western Europe in both 2010 and 2011? Those who follow the news closely, or spotted the clue in the headline, will have realised it is Sweden. The largest economy in the Nordic region grew by 5.8 per cent in 2010 and 4.0 per cent in 2011, according […]
This Perspective column was first published in today’s edition of Fund Strategy. Many people’s reaction to discovering the existence of a secondary market in life insurance is likely to resemble finding a dead cat on the pavement: “yuk”. Somehow it seems to such critics undignified for an investor to buy a life insurance policy from […]
This Perspective column was first published in Monday’s edition of Fund Strategy. Substantial rises in food prices tend to bring out the worst in today’s generally green-tinged market pundits. Typically they issue doom-mongering warnings about the dangers of rising population and greater prosperity before advising investors how to take advantage of the situation. This is […]
I am about to go on holiday but I will resume posting later in the month.
Something strange has happened over the past few years yet few seem to have noticed. The sharp cuts in popular living standards, with more likely on the way, have met little resistance. The exact impact of the economic squeeze is open to debate but the overall picture is clear. According to a recent study by the […]
This is my latest Perspective column for Fund Strategy. It is more technical than normal. Last week’s column on short-termism omitted a key element of the debate: the discussion on whether markets are “efficient”. This notion has important consequences both for fund management and for the debate about what caused the crisis. When Vince Cable […]
I feature in this short film by Worldwrite on the debate about inequality.
This is my latest Perspective column for Fund Strategy. It is more technical than normal. Given the pressing problems facing the British economy it is all too easy to focus on the short-term rather than take a longer view. Such temptations should be resisted.?A longer-term perspective does not preclude taking urgent measures. The challenge, however, […]
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Ferraris For All, my book defending economic progress, has just been published in an extended edition in paperback and on Kindle with a new chapter on the inequality debate.Amazon.com, Amazon.co.uk, Amazon.ca, Amazon.de,
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