This is my Perspective column from this week’s Fund Strategy magazine. It has become widely accepted that the world is trapped in a peculiar “balance sheet recession” in which companies are preoccupied with paying down debt. A good reason to treat a critique of the idea seriously. The critical appraisal comes from Andrew Smithers, one […]
This is my Perspective column from this week’s Fund Strategy magazine. Given the importance of China in the global economy it is becoming vital to understand mainland Chinese perspectives on key topics. This is not to contend that the Chinese are right on every matter. On the contrary, no doubt their comments are often one-sided. […]
Some seriously bad news broke last week yet it received a tiny fraction of the attention the British media devoted to horsemeat. It looks like Indian economic growth is slowing down. This trend has serious implications not only for India’s population of 1.2 billion but for the entire world economy. According to figures from the […]
This is my Perspective column from this week’s Fund Strategy magazine. An event on economics has seldom shocked me so much. The public launch of the “Manifesto for Growth” at the London School of Economics (LSE) came across as blatantly disdainful of the public and the democratic process. My reading of the report’s central argument […]
I will be debating Danny Dorling, one of Britain’s leading experts on inequality, at the Manchester Salon on the evening of Tuesday 26 February. Details can be found here.
This is my Perspective column from this week’s Fund Strategy magazine. The financial world is aflutter with talk of prospective currency wars. There are dark mutterings about how competitive devaluations by different countries could have terrible consequences for the global economy. Perhaps the most high-profile pronouncements so far have come from Jens Weidmann, the president […]
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