This is my latest comment for IPE magazine. It is a tragedy that a basic truth has been forgotten. The world is going to need huge amounts more energy for everyone to achieve reasonable living standards. Recent World Bank statistics on global poverty make sobering reading. The trend is improving over time, but, in 2012, […]
The video recording of my Berlin Salon debate on “Do we need economic growth?” is now online.
The audio recording of my Berlin Salon debate on “Do we need economic growth?” is now online. It turned out to be a fiery exchange in places.
I do not normally upload work-related articles on to this blog as they are often too technical. However, this comment may be of more general interest. It is from the February issue of IPE. Pension funds and asset managers should focus more on their role of providing retirement income and less on political questions. Indeed, […]
I haven’t updated this website for a while as I’ve been incredibly busy with various tasks. However, I hope to be back before too long.
Since this is my last blog post for Fundweb allow me to indulge a little. I want to try to unravel a debate that has increasingly preoccupied policymakers, as well as myself, in recent years. That is the discussion of excessive inequality. The arguments on the subject can be incredibly frustrating because they are often at cross-purposes. […]
I will be introducing a discussion of Alexis de Tocqueville’s Democracy in America at the Institute of Ideas Economy Forum on Wednesday evening. Details can be found here. .
There follows my Fund Strategy Polemic column for July. For all the talk of a possible bubble in US technology stocks, the rise in the Nasdaq over the past year is dwarfed by the surge in the Shanghai and Shenzen stockmarket indices. Draw lines on the same graph representing percentage change over the past year […]
While most European eyes are focused on Greece’s economic turmoil a potentially more significant development is unfolding on the other side of the world. In Beijing delegates from 50 countries have recently attended the signing ceremony of the new Asian Infrastructure Investment Bank. The bank will lend billions of dollars to help develop Asian infrastructure but […]
The critics of George Osborne’s proposed fiscal framework to make budget deficits illegal during “normal times” are missing the point. Its main flaw is not the fixation with balanced budgets but the idea that problems are best tackled with rules designed to outlaw errant behaviour. It was always likely that Keynesian economists, such as those who signed a letter in […]
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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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