Posts Tagged ‘finance

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 […]

Fund managers may not realise it but they are already being set up as scapegoats for the next financial crisis. Banks got most of the blame for the 2008-9 crisis, and were severely criticised for their role in the eurozone’s troubles, but it looks like asset managers could be next. Just look at the latest […]

The world’s economic fortunes depend more than ever on China’s performance. So when an expert claims that the Asian giant is facing formidable challenges his arguments should be considered carefully. Fraser Howie certainly qualifies as a specialist in Chinese finance. He has written three books on the subject including most recently Red Capitalism:The fragile financial foundations […]

This blog post from Portugal was first published yesterday on Fundweb. Although I do not draw out the point in the piece it seems to me that the European Union, as an elitist technocratic project, has played a considerable role in inculcating the fatalist mood I describe.  It was not originally planned that way but […]

While most of you were off on your summer holidays the world’s top economic policymakers were up to something else. Although they enjoyed more salubrious surroundings than many they kept busy doing what they do best: blaming others for the economic mess they have played a key part in creating. The summer’s top gig was […]

When a blatant error is repeated frequently it is worth thinking about why. In this case the example is not directly related to investment or economics but there is an important parallel. Some readers might have seen the recent report apparently showed six-year-olds outstripping adults in their understanding of information technology. Since it was reported […]