There's no shortage of money, and no surplus of people . . . if anything, there's a shortage of good productive things to invest in, and it's unclear what rates have to do with it. mind the super core people shortages are still out there, particularly in capital intensive sectors (like...
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LATEST ARTICLES
Residential Investor
Five parts of the economy that are hit when house prices fall
UK house price growth is slowing. While prices rose 1.2% in June compared to last year, this is down on May’s 1.9% growth, according to property website Zoopla. Its house...
Residential Investor
How building more backyard homes, granny flats and in-law suites can help alleviate the housing crisis
To many people, the image of a nuclear family in a stand-alone house with a green lawn and white picket fence still represents a fulfillment of the American dream. However, this...
The Analyst
China’s economic recovery is built on increasingly shaky foundations and that could affect the whole world
Confidence in China’s post-COVID recovery has started to waver over the past week after the world’s second-largest economy reported disappointing figures for two of the major...
Political Insider
Pentagon Corrects “Accounting Error.” As Always, the First Casualty of War is the Truth
In June, a spokesperson for the Department of Defense announced that the value of equipment transferred to Ukraine, originally valued at $6 billion, was “corrected” to $3...
The Analyst
Ukraine recap: counteroffensive makes slow progress while diplomacy fails to make any ground at all
So the Ukrainian counteroffensive is well and truly underway, even if progress is measured in metres rather than the rapid advances that characterised Ukraine’s highly successful...
The Economist
Money Blindness and Money Clarity
“[Wittgenstein] once greeted me with the question: ‘why do people say that it was natural to think that the sun went round the earth rather than that the earth turned on its...
Investor's Notebook
What cricket can teach us about the mind’s experience of time – and how to deal with anxiety
Bowlers playing for England and Australia in the current Ashes cricket series are collectively meant to deliver at least 540 balls each day (that’s 90 overs of six...
Alternative assets
Why have golf’s warring tours merged? The possible explanations
They say a few months in sports can feel like a lifetime. In March 2023, just before golf’s first men’s major of the year, the Masters tournament, we explained in The...
The Professor
The collapse of the USSR was one of the best things that happened to the environment
If you read economic histories of the Soviet Union, you will find that what little “private” sector was allowed was in farming. Small private plots that accounted for 3 percent...