Recent stories
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Chancellor: Bring surveillance capitalism to heel
Traditional capitalism aims for perfect competition in which many firms vie to deliver goods and services to customers. Social media is dominated by impregnable monopolies that enjoy vast economies of scale and scope. Facebook’s latest scandals provide grounds for genuine reform.15 October 2021 -
Chancellor: Going green is everything except easy
British Prime Minister Boris Johnson told the United Nations just weeks ago that transitioning to a carbon-neutral economy would be a cinch. Oops. The global energy crisis changes everything. Not least, it makes the cost of jettisoning hydrocarbons a great deal more expensive.6 October 2021 -
Chancellor: Evergrande is all China’s woes in one
The property developer’s spectacular collapse is the fruition of a massive real estate bubble, over-investment, excessive debt buildup and a wobbly credit system. As China’s bubble economy deflates, it will be replaced by a new one under President Xi Jinping’s absolute command.30 September 2021 -
Chancellor: Tech growth comes at irrational price
9 September 2021 -
Chancellor: Beware financial repression’s return
2 September 2021 -
Chancellor: Bringing down the Red Curtain
4 August 2021 -
Chancellor: U.S. credit cycle close to overheating
30 July 2021 -
Chancellor: Robinhood is more sheriff than rebel
15 July 2021 -
Chancellor: Bears will survive meme-stock assault
15 June 2021