India’s Demonetisation Was Hugely Successful – Don’t Let Them Tell You...

It appears that all of the notes made worthless by India's demonetisation experiment have made it back into the banking system. Therefore, it is...

The New NAFTA

Apart from a stream of winks and tweets, the most authoritative PowerPoint presentation on the "new Mexican free-trade agreement" is at Reuters. The North American...

Homebase’s CVA- An Oddity And An Explanation

Homebase is trying to organise a company voluntary arrangement, a CVA, in order to get out from under its rent bill. If this all...

What’s Wrong In India – All 8,000 Fail Goa’s Exam To...

There is one way of looking at this little story, which is that education in India isn't what we might all hope it will...

It’s Impossible To Map Or Know A Modern Supply Chain –...

A nice little earner among the likely lads is to attempt to inspect supply chains. To make sure that somewhere down the line there's...

The Reason For The Globalisation Of Tech R&D

Why are companies employing all these foreigners to do this work? Why are they offshoring? Because there isn't the talent at home: The IT revolution...

Nope, The Observer Still Doesn’t Understand CEO Pay And Ratios

We have the annual by now rant about how much it is that chief executives make. As compared, often enough to what the average...

If Only Matt Yglesias Actually Understood Nordic Corporate Codetermination

We've already been somewhat unkind about one aspect of Elizabeth Warren's Accountable Capitalism Act on the grounds that it shows off Warren's ignorance concerning...

The Problem With Warren’s Accountable Capitalism Act – Warren’s Not Very...

Clearly the Accountable Capitalism Act is the opening shot in Senator Elizabeth Warren's run for the Democratic nomination for 2020. It's just politics, not...

How The Heck Does Plutocracy Reduce Productivity?

I fear that we're getting matters economic rather mixed up over there on the left. For we've the claim that higher wages for CEOs,...