Property Rights and Economic Development
Western European gross domestic product per capita was about twenty times larger in 2003 than it was in 1700. Geoff Hodgson questions whether greater security in property rights really did
The attack on Dodd-Frank
Rick Rowden lays out how Trump, Wall Street and the Republicans are committed to dismantling financial regulation in the US. Dodd-Frank financial reform legislation passed in the wake of the 2008 global financial
Volcanic Rock: are we prepared for the next eruption?
Shrouded: Few knew what was brewing inside Northern Rock in 2007. Ten years ago Northern Rock disappeared in a cloud of smoke and mirror practices, opacity and mistrust. Richard Murphy asks,
Regulating behaviour: time off for good conduct?
The principles underpinning behavioural economics have been attracting legislators seeking to rein in the excesses of the financial sector. Are theymotivated by saving face, political gain or doing right by
Rick Bookstaber Interview: A model agent
Mainstream economics’ failure to predict the 2008 crash undermined the profession’s public credibility. There’s a new game in town that financial risk guru, Rick Bookstaber, has faith in. He shares
Paul Nicolson Interview: Scarred with episcopal incomprehension and other tales
Paul Nicolson is a wine merchant, a minister and a lifetime battler for people who struggle to fight for themselves against the unjust and powerful. He had some stories for the The Mint. Paul’s family business
Weird and wonderful
What does a cocaine baron have to offer society? Self-confessed chief misfit, Alexa Clay, has seen the best in some of the worst. Somali pirates throw great parties. This we
Interview with Christian Felber: The Common Touch
Imagine a world where company success was determined by all the good it does. And where polluters of water, air and soil could not get investment. The Mint talks to
A future secured
When Mohamed Omar fled the threats that came with the insurgency in Somalia, a lot came with him. The Mint heard his story. Mohamed Omar took a flight from his
Sinking in the klepto- professional reign
Capitalism needs to heal. But mounting greed among the professional classes is choking our post crash recovery. In the run up to the 2008 crisis, financial speculation was large, dominant
A second brush with royalty
Professor Verity Bastion sees little cause to reflect on economic yesteryears and encounters a leading light in the black economy. So it looks like we are going to suffer two
When will they ever learn?
Can we avoid financial instability or has our human nature evolved in such a way that they are inevitable? Clearly Gordon Brown’s endless pronounce- ments of the end of ‘Boom