Prospect Workplace Pensions
In 1991 the ebullient fraudster Robert Maxwell disappeared from his yacht in the Canaries and was found to have looted the Daily Mirror...
On USS with Mervyn King
For many years, much of the British workforce enjoyed lifetime employment with a secure pension, based on final salary and underpinned ...
Engineering vs Economics
Here is an engineer working for NASA describing his approach:
“I try to predict what happens when a spacecraft enters the atmosphere...
The Concept of the Corporation
Over the past fifty years or so, the economic theory of the firm has been based on a model of corporate activity which perceives the fi...
Infrastructure
We need more infrastructure spending. With long term interest rates around zero and a sluggish economy, the opportunity seems obv...
Politico
Modern societies need finance. The evidence for this is wide-ranging and conclusive, and the relationship is clear and causal. The fi...
Innovation
Apple is the most innovative consumer products company of the last decade. It has redefined ...
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...
The Future of the City of London
I may not need much introduction but I don’t go anywhere at the moment without advertising my newly published book The Long and the Sho...
The Present Crisis
We cannot discuss how we emerge from the present crisis unless we understand how we entered the present crisis. This is a confusing dis...