regulation Archive

  • Floor trader at the New York Stock Exchange (picture Daamien at en.wikipedia)

    The power of the markets

    It is 20 years ago that the UK fell out of the Exchange Rate Mechanism, an important anniversary for both pro-Europeans and their opponents. The opponents of course claim that the failure of the ERM shows that fixed exchange rates between countries are a bad...

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  • FederalTrustlogosquare

    Regulated global markets: an impossible dream? (13 June 2012)

    13 June 2012 5.30 for 6.00 pm – 8.00pm, followed by a reception National Liberal Club, Whitehall Place London SW1A 2HE Throughout this year, the Federal Trust, the Konrad Adenauer Stiftung and the Global Policy Institute are jointly organising a series of panel discussions on...

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  • A petrol station closed by panic buying (picture Mike1024)

    When panic-buying makes sense

    The queues outside petrol stations last week tell us something important about the way politics is conducted in this country (or, for that matter, anywhere else).  The lesson is that panic-buying sometimes make sense, which means that the purpose of politics is to prevent the...

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  • Richard Laming

    Contorted arguments against EU membership

    The benefits of British membership of the European Union are so profound and far-reaching that its opponents have to twist themselves into all kinds of knots in order to try and construct an argument against it.  People from either side of the left-right political spectrum...

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  • Speed camera (picture David Bleasdale / Flickr)

    Speed kills

    Your blogger was required to attend a speed awareness course last night, having been caught by a speed camera two months ago and wanting not to acquire any penalty points. I was expecting some kind of annoying lecture on how bad it is to speed...

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  • A Royal Air Force Tornado takes off from RAF Marham (picture Corporal Brad Hanson, Crown Copyright/MOD 2011)

    If Libya, why Britain?

    If the first question to ask about the current UN action in North Africa is, why Libya, then the second question is why Britain.  If yesterday’s blog entry is correct and there might be a case for action (although note the caveats as well as...

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  • Whoops! by John Lanchester

    John Lanchester: action on the banks has to be international

    This new Lehmans scandal sums up two of the biggest problems that we – the voting, taxpaying general public – still have with the banks, almost two years after they blew up and we bailed them out.  First, the operation of capital markets is international,...

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  • What is wrong with this picture?

    The snow reveals as much as it covers

    Archaeologists sometimes find that a covering of snow on the landscape can reveal to aerial photography previously unknown features such as barrows and homesteads that in normal weather conditions would not be seen. In a similar way, the covering of snow that has fallen on...

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  • The City of London

    Reforming the City

    The appointment of a Frenchman as European commissioner responsible for the City of London has produced ridiculous claims by people who hail it as a victory over Anglo-Saxon capitalism, and ridiculous counter-claims by people who fear it means the end of civilisation as we know...

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  • Richard Laming

    Federalism and the financial and economic crisis

    By Richard Laming Thank you for the opportunity to speak on this subject. I should make clear that what I propose to say is not strictly true. I do not think that any economic or political theory can ever be strictly true: what matters is...

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