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Monty Python and the Chequers Agreement

Economic policy | 16-Aug-2018

Monty Python and the Chequers Agreement

The 'Dead Parrot' sketch is a metaphor for the political consequences of the Chequers Agreement in the UK and EU.

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We need to unleash health markets

Economic policy | 02-Aug-2018

We need to unleash health markets

There is a real opportunity in the 21st century to transform the NHS from a public sector problem to an enormous private sector opportunity.

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The Sword of Damocles hanging over the EU

Economy & geopolitics | 02-Aug-2018

The Sword of Damocles hanging over the EU

Amidst all the angst over Brexit it is easy to forget that the EU faces an existential crisis all of its own.

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World Cup lessons for Brexit

Economic policy | 21-Jun-2018

World Cup lessons for Brexit

We understand the overwhelming benefit of open markets in football, why not for Brexit also?

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Trump's tariffically bad idea

Economic policy | 07-Jun-2018

Trump's tariffically bad idea

President Trump's imposition of tariffs will harm the people he most wants to help.

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Populism and economics in Italy

Economic policy | 24-May-2018

Populism and economics in Italy

The euro crisis has been in hibernation. Is Italy about to wake it up?

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What's money telling us?

Economic outlook | 13-Apr-2018

What's money telling us?

The message from global money supply figures is that global GDP growth could slow in the second half of 2019

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The Russian economy looks doomed

Economic outlook | 29-Mar-2018

The Russian economy looks doomed

The Russian economy looks OK from the outside, but look deeper and it is doomed by corruption and demographics.

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China - the long road from perspiration to inspiration

The long blog | 14-Mar-2018

China - the long road from perspiration to inspiration


Graeme Leach spoke at the Institutional Investor & Global Fixed Income Institute Annual Investment Roundtable in Amsterdam on 9th March. Below is a transcript of his speech.

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The Spring Statement

Economic Policy | 13-Mar-2018

The Spring Statement

3 fiscal home truths highlight the still precarious outlook for the public finances.

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Are the robots coming for our jobs?

technology and employment | 15-Feb-2018

Are the robots coming for our jobs?

Economic history teaches that new technology has been positive for employment. But in recent years the conventional wisdom has been challenged by those arguing 'this time it's different'. Are they right?

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The Great Paradox at the heart of capitalism

Economic worldview | 01-Feb-2018

The Great Paradox at the heart of capitalism

For capitalism to succeed profit needs to be a by-product of process.

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2018 Geopolitics

Geopolitics | 08-Jan-2018

2018 Geopolitics

Fears over the geopolitical outlook are way overdone. The best description of the coming year is likely to be: Plus ca change plus c’est la meme chose.

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Help to supply not help to buy

Future Prosperity | 27-Nov-2017

Help to supply not help to buy

The UK housing market requires radical liberalisation of the planning system in order to make property much more affordable.

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The intangible economy

Economic outlook | 16-Nov-2017

The intangible economy

Will highly regulated economies become less and less significant, as we see more and more of the intangible economy?

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Brexit: Could no deal be a good deal?

Economic policy | 31-Oct-2017

Brexit: Could no deal be a good deal?

There is probably a 50:50 chance EU negotiations could breakdown without a deal. But, contrary to the conventional wisdom, might this be good for the UK economy?

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Is there a missing link to understanding poor productivity?

Economic outlook | 20-Oct-2017

Is there a missing link to understanding poor productivity?

Why has UK productivity growth been so weak over the past 5 years?

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The disappearance of Mr Phillips is no mystery

UK economic outlook | 13-Oct-2017

The disappearance of Mr Phillips is no mystery

Weak productivity growth and weak money supply growth explain weak wage growth and relatively low inflation.

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Freedom makes you wealthier and happier

FUTURE PROSPERITY | 06-Oct-2017

Freedom makes you wealthier and happier

Politicians across the globe are disowning freedom orientated economic policies at the very moment in history when the benefits of free markets and free trade are most evident.

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Normalisation will be far from normal

UK economic outlook | 20-Sep-2017

Normalisation will be far from normal

Markets have cried wolf on normalisation before, and they could again.

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Auto enrolment could slow the UK economy in 2018

Future insight | 13-Sep-2017

Auto enrolment could slow the UK economy in 2018

Higher employee and employer contribution rates from April 2018 could suck purchasing power out of the economy.

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10 reasons for optimism about the future of the City

Future prosperity | 01-Sep-2017

10 reasons for optimism about the future of the City

THERE is an angst hanging over the City, with fears that post-Brexit the City will be in a battle for its very survival. But there’s another much more optimistic view also.

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A selfless, self-interested or selfish Brexit?

Future Brexit | 20-Jun-2017

A selfless, self-interested or selfish Brexit?

The lesson of economic history is that a selfless trade policy is the way to maximize prosperity. Unilateral free trade reduces prices for consumers and increases competition for producers. If the UK were to pursue the selfless route, long-term prosperity would be significantly enhanced. Business needs to understand why.

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