Recent Posts

Two cheers for Norway’s renewable energy push

After several years of lobbying, Norway’s $1 trillion wealth fund has persuaded the government that it would be a good thing to invest some of the country’s nest egg in unlisted renewable energy infrastructure projects. But the amount involved is paltry, given both the scale of the world’s climate-change challenge and the potential investment opportunities likely to be available to ...

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The Brexit pause gives Britain one last chance

Pushing Britain’s deadline for exit from the European Union (EU) to the end of October answers none of the questions that have been torturing the country for three years. The new schedule removes the immediate risk of an unintended no-deal Brexit, which would otherwise have occurred. That’s something. But it sheds no light on what needs to happen instead. Fatigue with ...

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Japan is an example for other developed nations

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As Japan’s emperor Akihito prepares to abdicate, what’s known as the Heisei period — January 8, 1989, through April 30, 2019 — draws to a close. Those 30 years will forever be associated with the spectacular asset bubble that burst right at the beginning, and the economic lost decade that followed. Heisei was also when Japan’s population peaked and started ...

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