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How to make money without trying
It is particularly sad for me that James Black, the Nobel prize winning chemist, should have died in the same week that my latest book, Obliquity, is published. I am indebted to Black for helping to frame the idea – and for proposing the term “obliquity” to describe it.
The Biggest Avoidable Policy Disaster in British Politics
I prefer true but imperfect knowledge, even if it leaves much indetermined and unpredictable, to a pretence of exact knowledge...
The Emperor’s New Clothes
Once upon a time, there was a wise and kindly Emperor, with a faithful retainer called Sid. One day, the Emperor took...
The Bezzle Years
This essay was originally written for Project Syndicate in 2015. If anything, it is more relevant now.
More than...
Robust and Resilient Finance
Support for this paper was gratefully received from the Korea Institute of Finance, which has published it here.
Abstract
What Do We Think of When We Think of Capital Cities?
In 2010, as South Sudan was preparing to gain independence from Sudan, an intriguing proposal was suggested. Why not design its cities...
The Meaning of R
Rarely has a parameter in a model attracted so much attention as the number R - the reproduction rate of covid-19 infection....
Christmas
It is Christmas once again, and across the world people will
take a day - or longer - off work to spend time...
Ethical Finance
I was introduced to Catholic social teaching through the work of Alasdair MacIntyre. MacIntyre brought the concept of Aristotelian virtue ethics into...
The Concept of the Corporation
The Version of Record of this manuscript has been published and is available in Business History (15 Jan 2019) http://www.tandfonline.com/doi/full/10.1080/00076791.2018.1509956.
