Whilst working in “The City” has provided me with a great many things, there is one that I most cherish; it introduced me to colleagues, who quickly became friends; and remained so, even once our careers separated us (full disclosure, there were colleagues for whom I formed not friendship, but...
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LATEST ARTICLES
The Professor
Another Rate Hike? Let’s Not
The Federal Open Market Committee opted not to raise its interest rate target at its September 20 meeting. The range for the federal funds rate remains 5.25-5.50 percent....
Technology
Does AI have a right to free speech? Only if it supports our right to free thought
The world has witnessed breathtaking advances in generative artificial intelligence (AI), with ChatGPT being one of the best known examples. To prevent harm and misuse of the technology, politicians are now considering regulating AI. Yet they face an overlooked barrier: AI may have a right to free speech.
The Economist
Inflation: I’ve been analysing the Bank of England’s forecasts over the past two years – here’s how they got it wrong
The Bank of England (BoE) has been strongly criticised for failing to predict the surge in inflation. Had it done so, it could have reacted more quickly and prevented...
The Analyst
City watchdog finds no evidence for recent political ‘debanking’ – but private banks have been picky for centuries
After a row over the closure of his bank account earlier this year, former politician Nigel Farage has hit out at the UK financial regulator for saying it has found no recent...
Political Insider
Age, not class, is now the biggest divide in British politics, new research confirms
“Class is the basis of British politics; all else is embellishment and detail.” So wrote Peter Pulzer, the former Gladstone professor of politics at the University of Oxford in...
Political Insider
For better or worse, the Conservative Party has not seen the last of the Trussites
Gavin Williamson once said that Russia should ‘shut up’ and ‘go away’. I must confess to feeling a similar sentiment whenever Liz Truss tries to re-enter public life. ...
The Analyst
Why your perception of climate change threats might depend on where you live – new research
Our planet has just seen its hottest month on record, with many places on fire or flooded. Few events can be directly attributed to climate change, but the likelihood...
The Analyst
Why China’s real estate crisis should make the global travel industry nervous
Once upon a time – in 2019 – tourists from China were among the best-traveled in the world. They collectively spent more than US$250 billion abroad – nearly twice as...
The Economist
Don’t panic over the latest inflation numbers
Inflation is back! Or so the commentariat would have you believe. The Consumer Price Index (CPI) grew 0.6 percent in August, significantly higher than the previous six monthly...