Financial engineering makes old rules invalid When the equity of a limited company is negligible relative to the scale of the business, that business is in effect Published 20 Jun, 2016 06:25am
Smoke, mirrors and helicopter money When the smoke and mirrors are set aside, the reality is again clear: helicopter money is deficit financing funded by Published 23 May, 2016 06:57am
The Buffett model is widely worshipped but little copied Berkshire’s success is based on the trust between the group. Published 09 May, 2016 06:49am
Absurd roots of modern regulatory practice The merit of such regulations is that, having nothing to do with right or wrong, they help to “obscure troublesome Published 28 Dec, 2015 07:18am
There is no money behind the fiscal tree Tax is thus a moral issue.... It is not just the rule of law but also a sense of shared values that makes economic ... Published 21 Dec, 2015 06:52am
Liquidity is a mirage — but most of us are not too thirsty The practitioners at the open forum worried that the absence of an active market damaged the process of ‘price Published 23 Nov, 2015 06:10am
The vanishing dollars, euros and pounds LAST week I left home without my wallet. I soon realised it did not really matter. I could even manage without a... Published 28 Sep, 2015 06:53am
Miracles of productivity hidden in the modern home The technological advances of the past decade seem to have increased the efficiency of households, rather than Published 17 Aug, 2015 06:26am
The flagship policies in search of a purpose Projects acquire political momentum of their own. The original rationale is forgotten, if indeed it ever existed Published 06 Jul, 2015 06:25am
Boring banking makes an overdue comeback When Mr Diamond was fired from Barclays, and Mr Pandit from Citigroup, they were replaced by institutional lifers ... Published 22 Jun, 2015 07:00am
Put the good corporation at the heart of the economy “WE will cut spending but not as fast or as nastily as the Conservatives; we believe in a market economy but not... Published 18 May, 2015 06:55am
Boardroom tokenism skirts the need for female skills The term ‘golden skirts’ is used to describe the figures who fill Norway’s mandatory quotas for female directors... Published 23 Mar, 2015 07:17am
How financiers turned back the forces of equality A survey in the US shows that about one-third of the top 1pc, and more of the top 0.1pc, are corporate executives. Updated 15 Jan, 2015 09:37am
