Georgian lessons on the modern economy by Simon Sherratt. In March 1819, William Cobbett – an inveterate critic of the British government – penned a remarkable letter for inclusion in
Here I am back… in the Treasury like a recurring decimal – but with one great difference. In 1918 most people’s only idea was to get back to pre-1914. No
Last week I had a lunch date. This is not something I get to have much these days. One of my postgraduate students, Crispin McDonal, contacted me through my university.
From Publisher: The European debt crisis has rekindled long-standing debates about the power of finance and the fraught relationship between capitalism and democracy in a globalized world. Why Not Default?
From Publisher: America’s runaway inequality has an engine: our unjust tax system. Even as they became fabulously wealthy, the ultra-rich have had their taxes collapse to levels last seen in
From Publisher: Debates about financial reform have led to the recognition that a healthy financial system doesn’t depend solely on how it is structured—organizational culture matters as well. Based on
In the wake of the 2008 financial crisis, central banks created trillions of dollars of new money, and poured it into financial markets. ‘Quantitative Easing’ (QE) was supposed to prevent
We take it for granted that we get to vote in elections, but that is of course a relatively recent innovation. Universal suffrage only occurred in 1928. However most of
Two distinct ideas are being promoted to help fix Britain’s broken social security system and badly depleted public services. The first idea – of basic income (BI) – seeks a
Blockchain has been trumped as an amazing innovation with applications everywhere to deal with the ‘trust issue’. Bitcoins, which use blockchain, have become worth 10’s of thousands of dollars each,