Book Review: The Big Short by Michael Lewis
This book is a remarkable achievement. It is as gripping as a thriller, yet it manages to ex...
Reform Scotland
You are the First Minister of an independent Scotland, sitting in the elegant drawing room of Bute...
Obliquity
For Sam Walton, ‘creating a huge personal fortune was never particularly a goal of mine’. Bill Gates’s autobiography leaves...
The market economy twenty years after the fall of the Berlin Wall
Social Market Foundation
The triumph of the market system over the planned economy was probably...
Book Review – Uncommon Sense: economic insights, from marriage to terrorism – Gary Becker and Richard Posner
This book finds its origin in an unusual blog. The creators of the blog and authors of the book are Gary Becker and Richard Posne...
The Rationale of the Market Economy: A European Perspective
The fall of the Berlin Wall in November 1989 was the defining economic event of our lifetime. It marked the end of the most exten...
Narrow Banking
In 2008, the British government, like the governments of other western countries, was faced with the alternatives of watching economic ...
Banks must learn to put the customer first
This week we celebrate the first anniversary of the fall of Lehman Brothers. And I mean celebrate. Lehman was not providing...
Capitalism will never be the same again
The triumph of the market economy over planned economic organisation is perhaps the greatest economic story of our lifetime. Ther...
Book review: The Fall of the House of Credit by Alistair Milne
There are already more books about the credit crunch than solvent banks. These volumes range from racy descriptions of how bond s...