“Here [amongst the down-and-outs in the slums of Vauxhall], the loud self-assertion of Modern Progress – which has reformed so much in manners, and altered so little in men – meets the
Most interviews with politicians are aggravating in some way, but this morning’s BBC Radio 4 slot with UK Chancellor of the Exchequer Alistair Darling really did the job. Much
Back in March the FT reported that Jack Welch, the former chief of General Electric and champion of shareholder value since the 1980s, had declared the idea that company managers
The Joseph Rowntree Foundation has published its Minimum Income Standard for 2009, updating the JRF’s first report of this kind issued last year. It is worth reading the full
It was reported on June 4 that Barclays Bank (the bank that uses structured finance and offshore havens to increase its and its clients' profits by avoiding huge amounts
...argues Peter Johnson at openEconomy.
Royal Bank of Scotland, 70% owned by the British Government, announced its 2009 first quarter results on 8 May to varying reaction. The BBC’s Robert Peston saw the announcement
BBC Radio 4 carried a piece on 3 May covering Berkshire Hathaway's annual shareholder jamboree in Omaha, NE. It included an interesting interview with the sage himself, Warren
“Budget 2009: Building Britain’s future” was the title of Wednesday’s budget report, published by the UK government. But on what will this future be built?
This year’s
Smoke and mirrors: a taxpayer's guide
Willem Buiter's blog of 26 March elegantly makes the case that beyond the usual cock-up explanation of the financial collapse
Ben Bernanke, speaking before the Senate budget committee, said he was particularly angry that at AIG, “There was no oversight of the financial products division. This was a hedge fund
Two recent business policy announcements from the UK government have left me frustrated and depressed. The first and at first sight most significant is the inauguration of the Asset Protection
