Electric vehicles need a little help. It’s no use each manufacturer pursuing their own thing. For EVs to really take off what is needed is agreement on standards. Batteries should be standardized and modularized. Charge the battery, not the car. Charging batteries takes too long. Battery swapping is better than car charging. Batteries should be

Immigration is topical in the wake of the UK EU Referendum. In fact, slowing growth has led to increasing unhappiness over immigration the world over. Yet economists insist that immigration is a good thing for an economy. Is this true? According to a 2014 OECD report, migrants account for 47% of the increase in the

Central Banks. Long Term Systemic Risk. The history of central banks is interesting. The world’s first was Sweden’s Riksbank, the phoenix rising from the ashes of Stockholms Banco, a private concern which leveraged itself into insolvency. The second was the Bank of England, technically, an off-sovereign balance sheet funding vehicle created expressly to monetize debt

We can’t leave the EU, not yet. The EU remains a flawed union but not a broken one, and quite clearly, the rationale for joining it in the first place was to ensure it was a failed union. As the Cabinet Secretary has said before, we’ve fought with the French against the Germans, the Germans

Asset Allocation to Active Managers.