The interactions between time, money and relationships are complex and often go unrecognised. Time is the key resource — and the biggest cost — for many organisations. The language of money is readily applied to time: it is spent, saved, allocated, invested and wasted. It is, however, less readily measured and accounted for….
UK housing, relative to income, is the most expensive it has been for several generations. Near-zero interest rates, money printing, strong net migration, the break-up of households, stagnant real wages, a favourable tax status and limited new supply have bid up average house prices to nine times average incomes…
In the pandemic, democratic governments have relied strongly on moral appeal. We’re being asked as individuals to do the right thing. Staying home isn’t only… Read More »Have we spent 300 years doing politics and finance the wrong way?
Negative interest rates, the rise of cryptocurrencies, low volatility, record global debt and that was before the arrival of coronavirus. In 2017 Dr. Paul Mills… Read More »What’s happening to the world economy?
There has been renewed interest in sovereign debt since the Global Crisis, but relatively little attention has been paid to its composition. Sovereign debt can… Read More »What does sovereign debt actually consist of?