The corruption cycle

If time is money, money must be time. And time is life. So, the people who control the money must also control our time. Most people count their lives in time – in hours, weeks, months. Each one repre

Global markets and the new illiberalism

As expected, the US government shutdown came to an end in the customary way: both parties agreed to keep spending other people’s money. But do our leaders know what they are doing? And how much of wha

“All government leaders know what to do. They just don’t know how to get re-elected if they do it.” Jean-Claude Juncker, the former president of the European Commission, said little of note in his pol

Companies in the news ...and how they were assessed

Plenty of influential investors have been trimming or offloading stakes in Nvidia as the AI boom draws a growing number of sceptics. But none has attracted attention quite as much as Michael Burry, sa