Recent Posts

Japan’s bounce is a parable of these economic times

In a year of economic surprises, mostly good ones, Japan is right up there. The decades since the country’s asset bubble burst in the early 1990s have seen many false dawns, so no one was rushing to call this a new day. But it’s time. A fair number of economists are now forecasting that the Bank of Japan will begin ...

Read More »

European ruling buries Uber’s platform myth

The European Court of Justice has ruled, without the possibility of appeal, that Uber is a taxi company, not a software one. This is the official beginning of the end of the tech industry’s deceitful attempt to present its innovation as something outside previous human experience and therefore outside the scope of previous regulation. The ruling ends a legal battle ...

Read More »

S Africa’s ANC decides central bank must be state-owned

Bloomberg South Africa’s ruling party has ratified a proposal for the state rather than private shareholders to own the central bank. Delegates at the African National Congress’s elective conference in Johannesburg decided that the government should own 100 percent of the Reserve Bank, Enoch Godongwana, the head of the party’s economic transformation committee, told reporters in Johannesburg. The conference didn’t ...

Read More »
Send this to a friend