The idea that a Hounslow-based day trader caused the American stockmarket to drop by 10 per cent in a few minutes on 6 May 2010 is absurd. Even if his actions acted as a catalyst for the drop – itself a questionable claim – they were certainly not the fundamental cause. Yet it is widely […]
This was first published as my Polemic column in the April edition of Fund Strategy. It may seem a stretch but the death of Leonard Nimoy, who played Mr Spock in Star Trek, reminded me of a key debate in economics. Even those who are not science fiction fans should bear with the argument as […]
Yesterday Novo published a German translation of my recent spiked article on why the American president loathes the Israeli prime minister. Barack Obama kann den israelischen Premier Benjamin Netanjahu nicht ausstehen. Aber weitaus bedeutsamer ist die Geopolitik, meint Daniel Ben-Ami: Wie zuletzt das Atomabkommen mit dem Iran zeigt, distanzieren sich die USA seit Jahrzehnten mehr […]
It was almost inevitable that privatisation would provoke heated exchanges during Britain’s election campaign. Sadly it is to be expected that all sides should make misleading claims. Perhaps more surprising is that, despite the vociferous debate, the protagonists share so much in common. So far the discussion has focused on the NHS. Labour has for […]
This review was first published last Thursday in the Financial Times. Neoliberalism is frequently portrayed as the malevolent ideology of the super-rich. Its critics contend that its preference for minimal state regulation favours the strong over the weak. The conclusion usually drawn is that state powers need to be strengthened to protect the vulnerable. Unfortunately […]
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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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