The biggest challenge facing the world economy is not the difficult economic conditions but what could be called gloomsters. These are the fatalists who think nothing much can be done about economic problems besides tinkering with monetary policy or public spending. Gloomsters are not what Margaret Thatcher long ago called “moaning minnies” . On the […]
Sabine Beppler-Spahl has interviewed me on Israel and anti-semitism in the latest edition of Novo magazine (in German). The text is not available online but the publication can be ordered here.
There follows the text of my recent spiked article on austerity. It is widely accepted that Britain’s coalition government, like many of its counterparts across the developed world, is wilfully imposing harsh austerity on the public. In this view, the government is subjecting the population to an ideologically motivated squeeze on living standards in a […]
My latest spiked article disputes the claim that Britain, and the West more generally, is suffering from austerity. The malaise is deeper and wider than the A-word suggests. I will post the full text in the next few days.
For those who are interesting I have written just had an article on the economic and financial transition of emerging markets in IPE magazine (free registration needed to read). However, I have not pasted the text here as it reflects the views of the interviewees more than my own.
It was a surprise to hear Mervyn King appear on BBC Radio 4’s documentary series on Germany: Memories of a Nation. The former Bank of England governor is well known for his passionate support for Aston Villa FC and his interest in cricket but not his German expertise. However, on closer inspection it made sense. […]
This is the main text of my Fund Strategy cover story for November on the eurozone on the 25th anniversary of the collapse of the Berlin wall. I should emphasise that, given this is a piece for a financial magazine, I had to rein in my own opinions and quote experts from within the investment […]
The extent to which inequality has come to be blamed for most of the world’s economic problems is astounding. Will Hutton, principal of Hertford College, Oxford, summed up the charges in an Observer article earlier this year: “It’s inequality that is behind poverty, ill health and the growth of the welfare bill. It’s inequality propelling the […]
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