This article was first published in The Article on August 5th 2020. The Great Moderation For the past 27 years UK governments of all political persuasions have targeted a rate of inflation of 2 per cent as the principal objective of monetary policy. The Bank of England is charged with the implementation (...)
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Graeme Leach, formerly the chief economist at the Institute of Directors, has done us a great service with his expositions on ‘Thoughts on a biblical economic worldview or Godonomics.’ Graeme is clear. The free market economy is ordained by God for our economic prosperity. This is a point of view (...)
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I want to think about the future. As we emerge from this Covid-19 crisis we will not be short of pundits advising us of the absolute necessity of things that are on their agenda but don’t really have anything to do with our economic, moral or other response to (...)
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It is bound to raise eyebrows from analysts and investors when a long-term value investor like Warren Buffet unloads Berkshire Hathaway’s entire stake in the five largest US airlines (Delta, Southwest, United, and American Airlines). It signals an all but total loss of confidence in the airline industry. Airbus chief (...)
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For the more libertarian among us, not least economic libertarians, the lifting of the lockdown cannot come quickly enough. Others are either fearful of the consequences of moving too rapidly or perhaps enjoying the restrictions rather too much. Yet again there are those fearful of the economic consequences of the (...)
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The World Bank issued a warning recently claiming that the impact of COVID19 will have a disproportionate impact on the most vulnerable in lower-income countries throughout South America and the Caribbean. Martín Rama, World Bank Chief Economist for the Latin America said that, “Governments across Latin America and the (...)
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Lord Adonis has called for the chief executive of Tesco to resign. He argues that Tesco is using £585m of state aid in business rates relief to pay its shareholders a dividend of £635m. This is exactly the sort of false linkage that damages the case for ethical business. (...)
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There are beacons of light in this otherwise barren landscape that the West is going through. Yet they’re coming from places you might have not initially expected. Business has mobilised on an unprecedented scale to alleviate the fallout from the COVID-19 crisis – and it has done so voluntarily. (...)
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Steve Morris FRSA grew up in a family business. He argues that the model could provide some answers as we look at the future of capitalism. The experience of growing up in a family business shaped my life, although I didn’t realise it at the time. I learned so much (...)
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What constitutes a good business and what is the purpose of business are longer-term questions of interest that generate a great deal of debate and observation and upon which CEME will be publishing a fuller reflection later in the year. The COVID-19 crisis has brought to the fore multiple (...)
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This article was first published by Christian Today on 18 September 2019. It is a good question and thankfully it is one that Edward Carter has been wrestling with. I’m just back from a talk he gave to launch his book God and Competition and I’m buzzing with ideas and questions. For (...)
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