That City Rat Run To The Continent Is More Of A Mouse Trickle

Ever since the very idea of Britain leaving the European Union was first mooted we've been told that it would be a disaster for...

If You Don’t Understand Numbers Or Economics Then You’ll Not Understand The Economy

OK, fair point, this is from someone influenced by the Senior Lecturer on matters economic so they're obviously not going to get it. But...

So Just How Do Housing Bubbles Blow Themselves Up Then?

Not how do they go pop, but how do they get larger? The financial transmission of housing bubbles: Evidence from Spain Alberto Martin, Enrique Moral-Benito, Tom...

The Lesson From Lehman Ten Years On

Forget all those jeremiads about how capitalism needs to be reformed, replaced even. Here's what the Lehman Brothers story really teaches us, as does...

Danske Bank In Estonia – $30 Billion Of Russian Money Shuffled In Year

This is one of those stories which really doesn't have a good look to it. In fact, there's near nothing that can be said...

If Only Stefan Stern Knew What He Was Talking About

I know, big surprise, columnist in The Guardian in not a clue shocker. But this is more than just the whining of some other...

Did The Mortgage Markets Really Cause The House Price Bubble?

If credit supply eases then presumably things bought with that expanded credit supply rise in price? Well, yes, obviously, right? Credit supply and housing speculation Atif...

A Tad Stalinist – John McDonnell Insists Ex-Lehman Staff Can’t Have An Anniversary Party

We've always known that John McDonnell has more than a touch of the authoritarian about him. But this is merging into a full blown...

Turkey’s Proof That Speculation Is A Zero Sum Game

A useful little proof from the current Turkish shenannigans that speculation, as speculation itself, is a zero sum game. Whatever is made by one...

An Interesting Thought – Has Elon Musk Breached Securities Laws By Making Tesla Announcements...

There's at least an arguable case that Elon Musk has breached securities laws by announcing various Tesla plans and ideas upon Twitter. One final note...