Spot The Crisis

July 21, 2016

We hear it all the time. It is a relentless drum beat on the left. Capitalism, we are told, is in crisis. This crisis is manifested in all sorts of ways. We - meaning those of us on the left - need to prepare. We need to counter attack. We need to seize this moment [more…]

Notes to Myself

July 20, 2016

First.

With respect to my summer reading.

I have always been fascinated by information. Its role in the economy; its nature; and its effect on our institutions. Equally I am usually horrified by the abuse information gets in economic theory. To me asymmetries of information are the reason economies exist. They are the cause of [more…]

Partying Like It’s 1848

July 18, 2016

This is not a time to dwell on the inconsistencies and even contradictions of the recent uprising of populism in the western world. Treat it as a fact. It just is. For there can be no mistaking the trend: people, large numbers of people, in a large swathe of Europe and America really are unhappy [more…]

Brexit 2

June 29, 2016

Like many people I am still trying to digest the lunacy of Brexit. I say lunacy because retreat from European integration is, in my opinion, a regression towards the pettiness of nationalism that we can ill afford at a time of ever increasing technologically driven proximity to one another.

Having said that I am astonished [more…]

Brexit

June 28, 2016

My summary of the discussion prior to the Brexit vote:

Why?

Why not?

Consequences be damned.

How very British.

Let's all remind ourselves of how this came about: the referendum was scheduled as a sop to the far right and traditionally anti-EU wing of the ruling Conservative party in order to shore up support going [more…]