Recent Posts

Covid-19 variants can ruin summer

It’s been a year since Covid-19 first shut down much of Europe, and signs of preparation for a post-pandemic world are everywhere. Whether it’s the heated discussion over vaccine passport, the UK starting on its latest path out of lockdown or investors dumping safe-haven assets, there’s faith that the most ambitious vaccination campaign in history is going to deliver a ...

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Deliveroo’s London IPO is about making friends

It would have been a blow to London if the UK’s most prominent unicorn decided to list its shares in tech-friendly New York or Amsterdam. Instead, Deliveroo has picked its home stock exchange for an initial public offering. Valued at more than $7 billion in its most recent private funding round, the food delivery app is issuing a vote of ...

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A better way to support states during downturns

In previous US recessions, a familiar fiscal pattern has almost always played out. Deprived of revenue, the state and local governments closest to the American people lay off employees and cut essential services. If and when Congress comes to the rescue, it’s often too late. The economic damage has been done. In some ways, the coronavirus crisis has disrupted this ...

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