Will Help to Buy make your dreams of home ownership a reality?

house

The Conservative’s Help to Buy scheme was their flagship policy for addressing rapidly rising prices caused by the acute housing bubble in the UK. Since it’s implementation in 2015, the government reported in 2017 that more than 100,000 homes across England had been bought under the scheme, with as much as 81% of this figure… Continue Reading ➤

In conversation with Chris Giles, Economics Editor for the Financial Times: Britain, Brexit and the Budget

May

Following the announcement on Wednesday evening that Mrs. May had finally agreed a draft withdrawal deal, the attention of the nation has been on the response of the Cabinet. Thursday saw the resignation of a number of senior ministers, including the Secretary of State for Exiting the European Union, Dominic Raab, who claimed that he… Continue Reading ➤

What does ‘success’ mean in UK economic policy? A report on the panel discussion organised by the Bennett Institute for Public Policy.

Sao_Paulo_Stock_Exchange

The Bennett Institute for Public Policy launched in 2018, as a research body attached to the University of Cambridge. The institute seeks to combine current research in technology, natural sciences and engineering with politics and social research in order to engage in global public policy debates. Chair: Professor Diane Coyle Panellists: Dr Patrick Diamond (Senior… Continue Reading ➤

Legal Weed: A Green Dawn in the Golden State

A Dispensary in Montréal. Photo: Flickr

Less than three years ago, Jerry Brown, the Governor of California stated his opposition to cannabis legalization by questioning if it possible to have a great state while it’s inhabitants are “getting stoned”. However, just like David Cameron, he was forced to acknowledge that public opinion was against him when on November 8, 2016, Proposition… Continue Reading ➤

Has the sun set on Japanese-style development?

Source: Wikimedia Commons

In 1960, a mere 15 years since Emperor Hirohito announced the surrender of a war-torn Japan, newly inaugurated Prime Minister Hayato Ikeda announced a bold initiative to spur on further development in the Japanese economy, that despite post-war reforms and improvements, still lagged behind leading Western economies. This initiative was the Income Doubling Plan, and… Continue Reading ➤

The Next Financial Crisis – Unregulated Fintech?

Fintech picture

With the aftershocks of the last global recession just beginning to subside it seems prudent to turn our thoughts to the future and, in particular, to the risks facing global financial systems over the next few years.  The landscape of the financial industry greatly differs from how it looked the last time crisis permeated the… Continue Reading ➤

One Belt, One Road, Many Problems

Photo: Council on Foreign Relations: James McBride & Julia Ro

‘One-Belt, One-Road’ (OBOR) is the chunky umbrella term for a series of Chinese funded infrastructure projects that aim to link China, the rest of Asia, and Europe. At a cost of $1 trillion, spread over sixty-eight countries, it is thought to be the largest infrastructure project ever. There are three main parts of the project…. Continue Reading ➤

Governments and banks use blockchain, you won’t BELIEVE what happens next!!!

Source: Jerry Cummins

Disclaimer This writer, along with almost every commentator who has published on the internet (which is several hundred thousand) or with a relatively reputable press (which is one… maybe), has a very basic grasp of blockchain technology. This writer has only mined sweet coin in colourful crypto-dreams, though they are the proud owner of a… Continue Reading ➤

After the Bitcoin Bubble: from Cycling to Consent

Photo: Netflix

One of most consistent laws of economics is that all good bubbles must come to an end. By any measure, cryptocurrency has been a fantastic bubble. The pace of the boom has made it hard to track the total market capitalisation of cryptocurrency, but it is currently around $720bn. Bitcoin, the most well-known cryptocurrency, is… Continue Reading ➤

Does the deficit really matter?

An anti-austerity march in central London in June 2014

It has become an article of faith among the financial, economic and political commentariat in Britain and Europe that a budget deficit is an important issue, and one that requires urgent redress. In the UK, this partly results from domestic politics. Over the last five years, government rhetoric has argued that deficit reduction through government cuts… Continue Reading ➤