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14 May 2015This is my Polemic column for the May issue of Fund Strategy. Writing about economic and investment topics in recent years I have kept stumbling across some initially unexpected themes. It is time to start pulling them together. The most striking is what could be called inside-outerism. This is the pervasive tendency for elite functionaries […]
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11 May 2015One of the biggest economic questions of the decade is undoubtedly whether China will succeed in changing its development model. Since the late 1970s the Asian giant has enjoyed spectacular success in transforming itself from a poor rural economy to a dynamic industrial power. The time has come to shift the balance even further towards […]
My latest book review for the FT was published yesterday. Russian oligarchs, in the popular imagination, are often seen as exemplifying the worst qualities associated with wealth. They are frequently linked to ostentation, corruption and even outright gangsterism. The reality, of course, is more complex. Oligarchs emerged in the 1990s alongside the tumultuous transition to […]
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