If shares had a use-by date.
Imagine if shares had a use by date. If you pass the shares issued by a company on to a secondary market, the clock starts ticking. What would that do to the valuation of shares – and why do we need t...
3 Touko 201722min
Should short selling be banned?
A big chunk of the trades that happen in shares are sold short. In other words, the trader takes a punt that the price will go down. In effect you sell something that you don’t own yet – like shares i...
24 Huhti 201717min
Regional wealth diversity – how economics ignores the dimension of space
London and the southeast accounts for a third of the UK’s gross disposable household income. The rest of the country somehow scrapes by. But it’s clear to see why. The proximity to other businesses me...
20 Huhti 201723min
Does Modern Monetary Theory make sense?
Modern Monetary Theory states that’s, because the government of a country is the monopoly supplier of money, it has an unlimited capacity to pay for things and provide funds for other sectors. If the ...
17 Huhti 201731min
Lies, damn lies and employment statistics
Figures out in the US last week showed the unemployment rate had dropped to just 4.5 percent, a long way from the 10% rate back in 2009. Yet Donald Trump won an election, in part, because he was there...
13 Huhti 201719min
Do minimum wages reduce inequality?
Mark Perry, Professor of Economics and Finance at the University of Michigan, believes that raising the minimum wage will push costs up so high companies won’t be able to afford them. He wrote in his ...
10 Huhti 201727min
The rising impact of the gig economy
Latest UK employment statistics show that more than half of the jobs added in the last year went to the self-employed. Part of this will be entrepreneurs forging their own path, but many will be peopl...
6 Huhti 201716min
Can you have a free market for public goods?
It seems there’s a relentless desire to try and apply free market principles to public goods, like health, education, defence and research. Even though they usually operate in a monopolistic environme...
3 Huhti 201725min
