Economic Theory
The National Capitalist: How Blockchain and AI Are Challenging a 150-Year-Old Economic Prophecy
Friedrich Engels predicted the state would become the ultimate capitalist. A new letter asks if fintech and blockchain are the tools to finally topple it.
The Balanced Budget Myth: Why Governments Aren’t Households and What It Means for Your Portfolio
The “balanced budget” is a flawed household analogy. For investors, understanding how sovereign governments truly spend is key to navigating the modern economy.
The 1,000-Year-Old Money Tree: What the Song Dynasty Teaches Us About QE, Fintech, and the Future of Money
A 1,000-year-old financial innovation from China’s Song Dynasty holds surprising lessons for modern investing, fintech, and central banking policy.
The UK’s Secret Economic Shock Absorber: Why “Risky” Debt Might Be a Genius Move
The UK’s “risky” debt, high in inflation-linked bonds, may be a powerful, under-appreciated automatic economic stabiliser that reduces fiscal volatility.
The Wildcat Economy: What Rewilding Britain Teaches Us About High-Risk Investing and Systemic Change
The reintroduction of wildcats to the UK offers a powerful metaphor for finance, investing, and systemic risk in the modern economy.
The £1 Breakfast: A Surprising Masterclass in Social Impact Investing and Economic Resilience
A nursery’s £1 breakfast club for parents offers a powerful lesson in social impact investing, economic resilience, and the true meaning of ROI.
The Prime Factor of Risk: What a Simple Numbers Puzzle Reveals About the Stock Market
A simple numbers puzzle from the FT reveals a profound lesson about hidden risks in finance, investing, and the stock market. Are you prepared for your “29”?
Gulliver’s Curse: The Perils of Immortality in Modern Finance and Investing
Jonathan Swift’s Gulliver’s Travels offers a stark warning for modern finance: the pursuit of immortality without vitality is a curse.
The Capital Conundrum: Do Left-Leaning Economies Stifle Investor Confidence?
A look at how political ideology impacts economic “animal spirits,” market performance, and investment strategy in today’s complex global economy.
The Catacombs of Capital: Unearthing Ancient Lessons for Modern Finance
Discover how ancient Roman catacombs offer profound lessons on fintech, blockchain, and long-term investment strategy in today’s complex financial world.
The Temu Effect: How Your Shopping Cart Is Quietly Reshaping Global Economics and Politics
Modern capitalism has set expectations of choice and convenience that the state cannot match, fueling a dangerous gap that impacts the global economy and politics.
The Unseen ROI: Why Civil Disagreement on Campus is a Bull Market for the Economy
Discover why fostering civil disagreement in universities is a crucial, long-term investment for a dynamic economy, stable financial markets, and fintech innovation.