My latest spiked review is of Michael Sandel’s book on the moral limits of markets. Contemporary views on the proper relationship between the market economy and the state can be divided into two broad types. Critics typically denounce rampant consumerism for fostering greed, corrupting people’s values, corroding communities and widening inequality. In contrast, supporters of […]
This is my latest book review for the Financial Times. Those looking for a fiercely uncompromising defence of free-market capitalism can do no better than consult the works of Ayn Rand. Before the Russian-born writer died in 1982, she developed a philosophy that celebrated selfishness, lauded entrepreneurs as heroes and rejected all state welfare. These […]
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24 Sep 2012This is a slightly extended version of the Perspective column that was first published in today’s edition of Fund Strategy. Are there signs that the eurozone crisis is on its way to being resolved after almost three years of drama? Many euro-enthusiasts are convinced things are improving but there are good reasons to question this […]
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18 Sep 2012Anyone looking for an excellent example of the narrowness of the debate between “growth” and “austerity” need only look across the Channel. Anyone remember the days not long ago when François Hollande, France’s socialist president since May, was seen as a powerful force against austerity? He was widely portrayed as a counterweight to the pro-austerity […]
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17 Sep 2012This Perspective column was first published in today’s edition of Fund Strategy. Politicians strive to create buzzwords for what they regard as unique concepts. The Labour leader has commandeered the term ‘predistribution’, which is just another cover-up for vacuity. Ed Miliband has managed one singular achievement since becoming the leader of the Labour party in […]
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10 Sep 2012Confusion has consequences. The willful attempts by politicians of all parties to mislead the public on key economic indicators makes it hard to engage in a sensible debate. One of the key areas of muddle was subject to a surgical dissection in a new report by the Centre for Policy Studies (CPS). The conservative think […]
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10 Sep 2012This Perspective column was first published in today’s edition of Fund Strategy. Although the claim that America has entered a “new normal” of low economic growth has become commonplace the argument is usually crude. A new paper* by Robert Gordon, a professor at Northwestern university in Chicago, is an important exception. He puts forward a […]
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9 Sep 2012Early Bird tickets are available till tomorrow (Monday) for the excellent Battle of Ideas festival in London on the weekend of 20-21 October. I will be speaking at two sessions ( see 1 September post) and participating in the rest of the event.
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3 Sep 2012This Perspective column was first published in today’s edition of Fund Strategy. This year could go down as the time when the British media missed the emergence of by far the most important global news story. Leave aside the obvious trivia of a prince going nude in a Las Vegas hotel. This could be a […]
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1 Sep 2012This year I will be speaking at two sessions at the Battle of Ideas festival in London on the weekend of 20-21 October. The first will look at the discussion of austerity with Dan Atkinson of the Mail on Sunday, David Smith of the Sunday Times and Philippe Legrain also on the panel. Immediately after […]
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