6. Tories bash the rich

George Osborne's speech to the Conservative Party conference contained a striking number of eye-catching proposals. What he appeared in the round to be proposing was a programme of national sacrifice to reduce debt and create a culture of saving....

06/10/2009 | 863 Hits | Read more...

7. We'll pay for banks to be virtuous

I've talked before about the fallacy of composition arising from all banks discovering virtue and prudence at the same time. If all banks increase their holdings of liquid assets, shrink their reliance on wholesale finance and lend less relative...

06/10/2009 | 788 Hits | Read more...

8. Microsoft: 'No bounce'

There's a broad consensus that economic recovery is under way more-or-less everywhere. Where there is considerably less agreement is whether that recovery will be strong and sustained, feeble and fragile or just the brief prelude to another...

05/10/2009 | 703 Hits | Read more...

9. BAE: Can't pay, would like to pay

If, as expected, the Serious Fraud Office announces today that it intends to request permission from the attorney general to prosecute BAE, that will be an important milestone in perhaps the most sensational criminal case ever against a big British...

30/09/2009 | 637 Hits | Read more...

10. Brown and markets

Gordon Brown made a not especially hilarious joke yesterday in his conference speech by saying that if he were to praise Alistair Darling as the best chancellor of the exchequer ever, the media would write the headline "Brown snubs Brown" - or that...

29/09/2009 | 687 Hits | Read more...