Serious investment thinking that doesn’t take itself too seriously.
This article was originally published in August 2020. There is no doubt that California is in a big fiscal hole. It relies heavily on income taxes from wealthy taxpayers making...
In the run-up to his big speech yesterday, all the talk was of the Prime Minister promising a ‘Rooseveltian’ New Deal for Britain. Fortunately, when it came to it, he wasn’t...
The two economists Hayek and Keynes agreed on one thing. They both believed that ideas and the climate of opinion determined how politicians behaved. Indeed, the Institute of...
Philip Hammond’s decision in last month's budget to abandon the Private Finance Initiative has been regarded by some commentators as the adoption of a “Corbyn-lite” policy by the...