Truss debacle: markets turned whistleblowers
November 3, 2022“We meant to change a nation, and instead, we changed a world” was an emblematic declaration by Ronald Reagan who shared throughout his Presidency with Margaret Thatcher fundamentally individualistic obsessions where the State represented the absolute threat against freedom and against property. And, in fact, their advent – of Margaret Thatcher in Great Britain and Ronald Reagan in the United States – provided these…
Deglobalisation on the Move
July 5, 2022While democracy wasn’t supposed to win every time, rationality and good economic sense were. The world of business and trade were to enjoy the kind of prosperity inspired by the Big Bang i.e. an expansion that has only the world as its limit. And every nation, every company and every group of individuals…
Are we all complicit in globalisation?
June 25, 2018Milton Friedman maintained the theory that unfettered free trade would generate – in the long term – a wealth that would trickle down over everyone. Contrary to the ideas made out, the liberalisation of trade (which goes hand in hand with the free circulation of capital) is not the only reason for the world’s dramatic…