The new government has announced a wave of deregulation. There is a simple reason for the increase in regulation, which is the increase in complexity of modern economies. Markets are rejoicing at the prospect of deregulation, which can indeed increase growth. But we should not lose sight of the fact that it can also entail […]
Growth At All Cost?
February 18th, 2017 · Comments Off on Growth At All Cost?
Tags: Public Policy
What caused the financial crisis?
July 5th, 2011 · Comments Off on What caused the financial crisis?
In the curious case of the US, where the truth is ever more compromised by ideology, there are different narratives. But the evidence is pretty clear-cut..
Tags: Credit Crisis · Public Policy
The new top dog in policy thinking
May 19th, 2011 · Comments Off on The new top dog in policy thinking
Rationally using our non-rational characteristics. His ideas are not new though (much is owed to behavioural economics and social psychology), but it’s a good read nevertheless..
Tags: Public Policy
The holy grail of macroeconomics?
December 5th, 2010 · Comments Off on The holy grail of macroeconomics?
Say ‘balance sheet recession.’ The one book everyone should read to understand the present predicament. Only by actually understanding what’s going on can proper policies be evaluated.
Tags: Credit Crisis · Public Policy
Yes, that Chinese stimulus didn’t work either..
November 9th, 2010 · Comments Off on Yes, that Chinese stimulus didn’t work either..
It only saved the world..
Tags: Public Policy
Google’s overseas tax rate turns out to be…. 2.4%.
October 25th, 2010 · Comments Off on Google’s overseas tax rate turns out to be…. 2.4%.
Them loopholes, they are BIG… Bermuda triangles, Double Irish, Double Dutch.. Double disappear..
Tags: Public Policy
The UK experiment off to a rocky start
October 21st, 2010 · Comments Off on The UK experiment off to a rocky start
While the French are going beserk over a rather modest pension reform, the British keep a stiff upper lip, uuh, purse in the face of unprecedented public sector cuts…
Tags: Credit Crisis · Public Policy
The right diagnoses of the US economy
September 10th, 2010 · Comments Off on The right diagnoses of the US economy
Interesting reed, but the right diagnosis is only the start, we have to have the right fix (if available) as well…
Tags: Credit Crisis · Economy · Public Policy
Primer on fiscal policy: it works, in the 1930s, in Japan, and now
August 31st, 2010 · Comments Off on Primer on fiscal policy: it works, in the 1930s, in Japan, and now
Surprise surprise. However, quantitative easing (QE), the main alternative, isn’t so promising.
Tags: Public Policy · Sovereign debt crisis
A really necessary lesson
August 27th, 2010 · Comments Off on A really necessary lesson
Hit’s a couple of favourite Voodoo economic thesis at once. We cannot recommend this article enough (especially at the people from ZeroHedge)..
Tags: Public Policy · Sovereign debt crisis