KIm Kardashian fined $1.26m by SEC

Kim Kardashian has been fined £1.2m ($1.26m) by the US Securities and Exchange Commission for advertising EthereumMax on her Instagram page. According to US Securities and Exchange Commission said the reality TV star had received £250, 000 for advertising the cryptocurrency without disclosing she has been paid to do so. She agreed to pay the…

The growth machine improved the lives of billions

Before 1870, most people lived in dire poverty, the benefits of the slow crawl of invention continually offset by a growing population. Then invention sprinted forward, doubling our technological capabilities each generation, and creatively destroying the economy again and again. In Slouching Towards Utopia, Bradford DeLong, one of the world’s leading economists, economics professor, former…

Chancellor Kwasi Kwaerteng unveils tax cuts

An increase in National Insurance is reversed and low-tax investment zones will be set up across the UK. The cap on banker’s bonuses is lifted and a planned rise in corporation tax from 19 per cent to 25 per cent in April 2023 was scrapped. The basic rate of income tax is cut to 19p…

Illusion of China’s economic growth

Since the late 1970s is China’s “reform and opening up” been key to the country’s spectacular growth? Or are they smoke screen for retrograde statist control to bolster the last major communist regime on Earth as the late Mao era became a potent global rival to the US – perhaps the dominant superpower of the…

Life of abuse at Goldman Sachs

  Jamie Flore Higgins, one of the few women at the highest ranks of Goldman Sachs, spurred on by the obligation to her working-class immigrant family, rose through the ranks and saw it all: out-of-control, lavish parties flowing with never-ending drinks, affairs flouted in the office, rampant drug abuse, and most pervasively, a discriminatory culture…

The Media Titan who made aspirational readers

Andrew Roberts, historian, visiting professor at the Department of War Studies, King’s College, London, visiting research fellow at the Hoover Institution at Stanford University, a lecturer at the New York Historical Society, and biographer of Churchill, Napoleon, and George III delivers an authoritative volume on the life of Britain’s mightiest and most controversial press baron,…

Rise and fall of Empires through the food

Norwegian writer and chef Andreas Viestad can tell the history of the entire humanity by the titular meal you eat. He potted the history of the globe from the development of its population, via the rise and fall of its empires, to the improvement of its economies.  Viestad’s regular Italian meal, focusing on staples like…