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August 24, 2016
Andrei Kostin, head of Russia’s state-run VTB Bank, reaches to his mantelpiece into a thicket of framed pictures of him...
August 19, 2016
Avarice, the love of money, is one of the seven deadly sins. Throughout world cultures, the belief is deep that avarice...
August 19, 2016
Around the start of the millennium, European social democracy seemed in fine fettle. Britain, France, Germany and Italy...
August 14, 2016
Finance and capitalism have acquired a bad name in recent years. Privatised enrichment at the cost of nationalised...
August 8, 2016
The central theme of this stimulating book is simply summarised. Whereas the key to dominating the 20th century economy...
August 4, 2016
In the desert city of Tucson, Arizona, local entrepreneurs have gathered in the Pueblo Vida bar for a crash course in...
August 4, 2016
Kevin Roberts got it wrong. The chairman of advertising agency Saatchi & Saatchi was forced to resign this week after...
July 29, 2016
Sir Philip Green. Don’t you just hate him? Isn’t he the completely unacceptable face of modern British capitalism? A...
July 28, 2016
From time to time politicians mean what they say. This seems to be the case with Theresa May, Britain’s new prime...
July 25, 2016
You can pick up a knighthood for just over £1m, judging from political donor records. It may cost Sir Philip Green,...
July 25, 2016
The verdict of two House of Commons select committees on the sale of BHS by its former owner Sir Philip Green last year...
July 24, 2016
Most of the largest 1,000 European companies have improved their efficient use of working capital over the past year,...
July 21, 2016
Donald Trump is confirmed as the Republican nominee for US president. Recep Tayyip Erdogan, Turkey’s president,...
July 10, 2016
Five centuries ago a Dominican friar called Girolamo Savonarola persuaded a group of his supporters to build a vast...
June 16, 2016
The finance industry presents a bewildering array of options for anyone looking to increase their savings, from “60-40”...
June 16, 2016
You might have the impression from recent “my-oh-my” reports that we are witnessing a decline in ethics at the top of...
June 14, 2016
The rules governing capitalist organisations, dating back to the mid-19th century, are fairly simple. In short, the...
May 22, 2016
In testimony to the US Federal Commission on Industrial Relations in 1915, Ida Tarbell, a journalist known for exposing...
May 16, 2016
Capitalism is failing Africa. A relatively small number of entrepreneurs have prospered on the continent in the past...
May 2, 2016
It is not every day you read a book about global finance by a banker who quotes Lenin approvingly on page two. But then...
April 27, 2016
It is hard to see an upside in the demise of British Home Stores, the octogenarian department store with more than...
March 29, 2016
Students of Marxist cultural theory looking for proof of the steely resilience of late capitalism should keep their...
March 10, 2016
Only in America. As Donald Trump bids for the Republican nomination for the White House, the rest of the world looks on...
February 29, 2016
Business leaders and stock market investors tend not, as a rule, to be staunch supporters of hardline communism. But...
February 2, 2016
In the opening contests of the 2016 race for the White House, Ted Cruz, a Republican candidate described as a...
January 29, 2016
We live in an age of shareholder capitalism, or so I like to think. One in which a large part of the population has a...
January 25, 2016
Cecil Rhodes, alas. Or so the governing body of Oriel College, Oxford, must feel as it confronts demands from the...
January 17, 2016
A senior cardinal chosen by Pope Francis to manage the Vatican’s finances has launched into a spirited defence of free...
January 10, 2016
When Margaret Thatcher took power in Britain in 1979, one of her first decisions as prime minister was to scrap capital...
November 27, 2015
Marxist of the right Douglass C. North, who won the 1993 Nobel memorial prize for economic science, died this week. One...
November 26, 2015
In 2012, the blog Gizmodo acquired a copy of Apple’s Genius training manual. There was a section on teaching...
November 18, 2015
The wealthy burghers of Affluentia saw it as a victory for their way of life when their poverty-stricken neighbour, the...
October 26, 2015
A giant new mural embellishes the interior of one of Bolivia’s finance ministry buildings; one that would have made the...
October 23, 2015
What exactly does shareholder capitalism expect of the people who run companies and who invest in them? And if it does...
October 18, 2015
In the past decade economists have shown a growing interest in the media. Most of their attention has focused on the...
October 12, 2015
Angus Deaton has won this year’s Nobel Prize in economics for a string of landmark findings on the study of...
October 7, 2015
South Korean shoppers snapping up cut-price toys and vacuum cleaners this week can thank the government for the bargain...
October 6, 2015
The American economist Paul Romer has recently written of “mathiness”, by analogy with “truthiness”, a term coined by...
September 29, 2015
“Extreme” executive pay and malpractice by big business are undermining confidence in global capitalism, according to...
September 22, 2015
High drug prices are at best a necessary evil. A world that wants new remedies to be discovered must allow...