This is the main text of my recent Fund Strategy cover story on the debate about the “great stagnation”. All the graphics can be found in the version in the magazine itself and I will post the remaining box here tomorrow. An influential alternative to the well-worn explanation of the economic malaise of recent years [...]
My Fund Strategy cover story on “the great stagnation” – the idea that a long-term technological slowdown has hit American economic growth – is available to read here. I will paste the full text over the next few days.
This is my latest Perspective column for Fund Strategy. One of the unexpected side effects of the economic crisis is to turn prominent dead economists into rap stars. A video featuring a rap battle between John Maynard Keynes (1883-1946) versus Friedrich August Hayek (1899-1992) has received over 2.8m hits while the sequel has garnered 1.3m. [...]
My review of William Holstein’s The Next American Economy has appeared in the FT Wealth section of today’s Financial Times (free registration may be required to view).
Today’s Real Clear Markets includes a link to my Fund Strategy cover story on high technology.
My latest Fund Strategy cover story, looking at the high technology sector and innovation, can be read here. There follows an extract from the final section. Apart from the debate about productivity there is another important aspect of the new economy discussion that is often neglected. That is a fundamental shift in the way that [...]
My latest comment from Fund Strategy argues the Silicon Valley model is not as good at producing innovation or economic growth as generally assumed. A link to the related cover story will follow in my next post. It is remarkable that the Silicon Valley business model is being so widely emulated when its record of [...]
Rather than apologising again for my lack of posting I thought it would make more sense to write a note on what I have been doing. After focusing for several years on the theme of growth scepticism – albeit one that incorporates many subjects under its umbrella – I am working on lots of shorter [...]
This is my latest weekly comment from Fund Strategy. For anyone who remembers the investment world of the 1990s there are clear signs suggesting a technology bubble could be inflating. Not only is it fund managers’ favourite sector, judging by the latest Bank of America Merrill Lynch survey, but recent deals have the whiff of [...]
This is my latest comment from Fund Strategy. Last week’s BBC programme on Britain’s banks and the economic crisis was genuinely important. It provided the public with the opportunity to hear many of the key players involved including bankers, regulators and expert commentators. The programme was also a vivid illustration of the strengths and weaknesses [...]
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