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Sub-Prime Mortgages

Economics

Characteristics of Government Today

9th May 2023 Emile Woolf 2419 Comments

Two hundred years ago Lord Macauley wrote “the measure of a man’s real character is what he would do if he knew he would never be found out”. This intriguing insight is as  true of [more…]

Business

Economic Idiocy Repeated, Part 2

21st February 2022 Emile Woolf 2096 Comments

In Lewis Carroll’s “Through the Looking-Glass” Humpty Dumpty tells Alice: “When I use a word it means just what I choose it to mean—neither more nor less.” Humpty’s subjective approach to verbal meanings is of [more…]

Business

Economic Idiocy Repeated, Part 1

14th February 2022 Emile Woolf 2194 Comments

Any catalogue of economic legends would of course include the 2008 visit of Queen Elizabeth to the London School of Economics, when the country was experiencing an unprecedented housing market bubble based on the irrational [more…]

Economics

“Sticking to Your Guns” – and Other Failed Strategies

12th August 2019 Emile Woolf 1911 Comments

There can be little doubt that tenacity is a great virtue. It means holding on to something important, something you believe in, no matter what. The trouble with tenacity, however, is that it does not [more…]

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