Trump administration is the leakiest administration since the Founding Fathers created parchment, much of what happens behind the scenes in nearly real-time accompanied by the running commentary from the President’s Twitter account. Washington Post reporters Philip Rocker and Carol Leonnig reveal Trump at his unvarnished, showing the unhinged decision-making and incompetence that has floored officials…
In the great financial crisis of 2007-2008, finance came too close to wrecking the global economy. The presence of rogue behaviour in finance, Nesvetallova and Palan turns to the economist Thorstein Veblen (1857-1929) who observed that businessmen were proficient at making profit by interfering in markets, and wrote “ something in the nature of…
The modern liberalism since 1843, The Economist has been the single most devoted and influential champion of liberalism anywhere in the world. Today, neither economic crisis at home nor permanent warfare abroad, has dimmed the Economist’s belief in unfettered markets, limited government and a free hand for the West. The history of liberalism is on…
Richard Davies in his latest book “Extreme Economies” gives us a global tour of disasters and recovery and studies the irrepressible markets inside the Louisiana State Penitentiary where there’s the mackerel economy –tinned mackerel being light, standardized and durable, and makes a good currency and the dot economy. In the outside world,…
Acknowledging the contributions of gardens to our mental and physical wellbeing and often the economic benefits are often overlooked, economic historian Roderick Floud steers to put it right in his latest book “An Economic History of the English Garden”. This is the first book to question how much gardens and gardening have cost, and…
Economist Philippon uses detailed evidence to argue that far from being the home of the free market competition, the US today has less competition than the much maligned EU, particularly in its products markets which are riddled with monopoly and monopsony. Declining competition has raised profits, depressed wages, weakened investment and undermined productivity growth. The…
Mr Bootle the chairman of Capital Economics argues that the automation and advances in AI will be a huge positive influence in our lives in the coming future and economic effects of artificial intelligence may not be as different from those of previous technological transformations as many suppose, that the speed with which the changes…
According to Hillary Clinton’s latest book “Margaret Thatcher did not deserve a place in the book about history’s gutsiest women because she failed to make a positive difference for others” The former first Lady is touring the UK promoting “ “The Book of Gutsy Women: Favourite Stories of Courage and Resilience” , which she co-wrote with…
Indian stocks wobbled on their record hype after the New York based credit rating agency, Moody’s lowered its outlook for the country to negative, citing concern over a deepening economic slowdown and insufficient government action. According to Moody “ the government’s inability to manage the slowdown, which has seen growth in gross domestic product fall…
A conspiracy removed Margaret Thatcher states Charles Moore almost in slow motion. The volume starts in 1987 with Thatcher’s third general election victory covers her fall from power in 1990, and her subsequent decline. In the previous two volumes Moore has worked 20 years covering her childhood and early years, then her first victory…