The new Prime Minister, Liz Truss, promised to be a tax-cutting Prime Minister. She has kept her promise. The “mini-budget” announced by the new Chancellor, Kwasi Kwarteng, will introduce some of the biggest tax cuts in a generation. Yet, the caveat…
Erecting trade barriers with your largest trading block to chase after unicorns was always going to have negative effects. However, not once during the Brexit negotiations did I think that we would end up with a government that would so…
Since the 2008 Great Financial Crisis, we have seen an equity market broadly supported by the action of the Federal Reserve. As the narrative goes, to save the world from a financial Armageddon, the Federal Reserve printed money and reduced…
Our generation and our century will witness the collapse of the ‘white man’s burden’ as the boomer generation witnessed the crumbling of the berlin wall. The cold war saw the incredible rise of America into the largest economic and military…
Saving our environment is one of the greatest, if not the greatest, challenge we face. From rising sea levels to the large-scale extinction of different animals; climate change will affect us all. The impact of damaging our environment will have…
Jane Austen once wrote that “It is a truth universally acknowledged, that a single man in possession of a good fortune, must be in want of a wife.” Well, a more recent universal truth is that a bank holiday without…
In 1970, the economist Milton Friedman laid out what he believed to be the ultimate role of enterprise within modern society – ‘There is one and only one social responsibility of business – to use its resources and engage in…
Like much of life, economic theory is not black and white. In an age of uncertainty, people are understandably looking for clarity. This desire for certainty does not always fit well with academic theory. Broadly, whatever your view on a…
Do not waste your sympathy on Boris Johnson and his cronies. Whilst nobody anticipated the COVID-19 outbreak to be as prominent and as devastating as it was and still is, there can be no excuse for the constant missteps this…