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26 Apr 2013How to Get Filthy Rich in Rising Asia is probably unique as a literary novel written in the form of a self-help book. It has several other unusual features. The main protagonist is referred to only as ‘you’ while the other lead character is simply ‘the pretty girl’. Mohsin Hamid’s novel also all takes place [...]
Why Philanthropy Matters, by Zoltan J Acs, Princeton University Press, 2013, RRP£19.95 Why do those Americans who succeed in accumulating vast fortunes often end up giving away so much of their hard-earned money? The question is posed sharply by such initiatives as the Giving Pledge, launched by Warren Buffett and Bill Gates in 2010. Since [...]
This is my review of Chrystia Freeland’s Plutocrats for the November edition of the spiked review of books. How do mere millionaires feel about the increasing number and power of billionaires in the world? A proper answer to this question provides many revealing insights into contemporary politics. It is not only those with normal bank [...]
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1 Oct 2012This Perspective column was first published in today’s edition of Fund Strategy. It is hard to imagine many things more annoying than someone who thinks their ideas are deep and original when in reality they are banal and derivative. Purveyors of behavioural economics generally fit the bill. Although behavioural economics has several high profile exponents, [...]
My latest spiked review is of Michael Sandel’s book on the moral limits of markets. Contemporary views on the proper relationship between the market economy and the state can be divided into two broad types. Critics typically denounce rampant consumerism for fostering greed, corrupting people’s values, corroding communities and widening inequality. In contrast, supporters of [...]
This is my latest book review for the Financial Times. Those looking for a fiercely uncompromising defence of free-market capitalism can do no better than consult the works of Ayn Rand. Before the Russian-born writer died in 1982, she developed a philosophy that celebrated selfishness, lauded entrepreneurs as heroes and rejected all state welfare. These [...]
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17 Sep 2012This Perspective column was first published in today’s edition of Fund Strategy. Politicians strive to create buzzwords for what they regard as unique concepts. The Labour leader has commandeered the term ‘predistribution’, which is just another cover-up for vacuity. Ed Miliband has managed one singular achievement since becoming the leader of the Labour party in [...]
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27 Aug 2012This 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 [...]
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31 Jul 2012This is the text of my recent spiked review. Strip out the noise of everyday bickering and it is possible to identify the core ideals that make up the West’s dominant political outlook. They are easily spelt out, even if the perspective itself is difficult to label. In principle, they include basic rights and duties, [...]
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27 Jul 2012My latest spiked review argues that the idea of fairness is antithetical to freedom, prosperity and true equality. You can read it here and I will post the text at a later date.
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