Serious investment thinking that doesn’t take itself too seriously.
Our professorial contributors illuminate the latest academic research in real estate and economic policy
With the 2024 election looming on the horizon, the Democratic Party faces a contradiction. By some important measures, the US economy is booming—third-quarter GDP growth figures were recently adjusted upward to a whopping 5.2 percent—but these numbers aren’t translating into political support for...
I yield to no one in my admiration for the office as a social centre, but it's no place actually to get any work done. – Katharine Whitehorn, View from a Column (1981) The king...
“I’d rather be dumb and antifragile than extremely smart and fragile” – Nassim Taleb, in Antifragile: Things That Gain from Disorder (2012), p4 Looking beyond covid-19 (see our...
According to NPR, Ant Group, a massive Chinese financial technology company, was suddenly halted from listing on the Shanghai Stock Exchange just days before its IPO date. NPR...
On the ghoulishly appropriate date of 31 October – Halloween – Boris Johnson announced new lockdown measures. “These measures above all will be time-limited,” the prime...
Early in the pandemic I advised readers to zone out, take a break, and read fiction and other works of art that have stood the test of time. There’s only so much crazy we can...
Market transparency determines the relative usefulness of different types of data. The application, veracity and appropriateness of comparable data are not universal. Property...
Last week in parliament, Matt Hancock explained to the house why, “on the substance”, the central claim of the Great Barrington Declaration was “emphatically not true”. “Many...
The morning after Trump was elected, people in my university class were crying. Fair enough, you think: you’ve heard about the emotional fragility of today’s youth, and...
Ordinary valuation methods prove inaccurate when the measures they’re based on are in such a state of flux – it’s time to turn to a different methodology. In ordinary...