Today’s New Normal world – the challenge of the 100-year life

2016 saw the start of the Great Reckoning for the failure of stimulus policies. Political and social issues are now beginning to dominate the landscape.  As we saw in the UK’s Brexit vote to leave the European Union, voters no longer see economics as the sole issue in elections.  This paradigm shift was then followed […]

Ronald Coase dies at age 102

Ronald Coase is one of those great thinkers whose ideas have influenced the business world, even though most people have never heard their name. The blog only heard of him in the early 1990s, and was astounded when it read his work.  The book had the rather dry title of “The firm, the market and the […]

Algebra is the new alchemy for central banks

The blog’s Boom, Gloom and the New Normal eBook highlights the impact of the ageing Western babyboomers on future demand patterns.

Yet central banks such as the US Federal Reserve and the European Central Bank believe demographics have nothing to do…