Posts Tagged ‘finance

Michael Savage’s Trickle Down Tyranny is probably the nuttiest book I have ever reviewed for a mainstream publication. For a start he seriously compares Barack Obama to Lenin. You can read the review here (free registration may be required) or below. It is hard to suppress a frisson of excitement associated with doing something illicit [...]

In this article I revisit the contention that the western world has entered a “new normal” of sluggish economic growth. It is the final part of my latest Fund Strategy cover story. In many ways the notion of the low hanging fruit parallels the argument that the global economy has entered a “new normal” of [...]

Someone has correctly pointed out that the money from the Visa affinity card mentioned in the last post goes to the Nation magazine rather than Occupy Wall Street (OWS) itself. It supports OWS by promoting its Move Your Money scheme. However, I think the broader point still stands. Supporting smaller businesses against larger ones is [...]

This blog post was first published on Fundweb today. [Also note correction at end] I get loads of dodgy emails ostensibly offering me the chance to enlarge various body parts and buy performance enhancing drugs but this one was genuine: an invitation to apply for an Occupy Wall Street (OWS) Visa card. This is not [...]

This is my Perspective column for this week’s issue of Fund Strategy. The publication of a huge volume of official reports and data always makes April an exciting time of year for us economic geeks. But anyone with even a passing interest in economics and finance can glean insights from this huge range of freely [...]

This second box from my recent Fund Strategy cover story on responsible capitalism shows outlines the free market opposition to Corporate Social Responsibility (CSR). The point is not to endorse this outlook but to contrast it with what has become the mainstream view. The free market view of capitalism involves the explicit rejection of what [...]

This box from my recent Fund Strategy cover story on responsible capitalism shows that business is anxious to regulate itself. It is not a straightforward matter of regulation being imposed by an interventionist state. Strict rules on corporate governance have been institutionalised in Britain through a succession of business-backed reports. This is a selection of [...]

This is the main text of my Fund Strategy cover story published on Monday. I have restored the original introductory paragraph that for some reason was edited out of the published version. I will post the boxes that go along with the article over the next few days. An unprecedented hostility to business has recently [...]

This is my Perspective column for this week’s issue of Fund Strategy. It may not be politically correct to say it but a tiny proportion of rich people matter more to the stockmarket than the rest of us do. The threshold for what counts as rich is also probably a lot less than many Fund [...]

This is my Fund Strategy Perspective column for 5 March. Last week’s column examined the relationship between the eurozone crisis and China. This week the focus will shift to the connection between the region and America. The subject is particularly poignant given last week’s refusal by the G20 group of finance ministers to contribute more [...]