Recent Posts

A data-driven end to capitalism as we know

From interest rates to fashion, pandemics in the past — like the Black Death in the 14th century — have left deep imprints on economic life. This time may be no different. In the aftermath of the coronavirus, governments can reimagine capitalism by giving all of us a stake in the most valuable byproduct of our day-to-day living: data. But ...

Read More »

Britain’s Brexit ordeal has barely even started

Britain’s free-trade agreement with the European Union, announced last week after months of fractious talks and days before the transitional Brexit arrangements were due to end, is certainly better than the alternative. Separating with no deal at all would’ve poisoned relations and been worse for both sides than what lies ahead. Yet this agreement settles less than you’d think. Supposing ...

Read More »

China tells Ant to return to its payment roots, places curbs

Bloomberg Chinese regulators ordered Jack Ma’s online financial titan Ant Group Co. to return to its roots as a provider of payments services, threatening to throttle growth in its most lucrative businesses of consumer loans and wealth management. The central bank summoned Ant executives over the weekend and told them to “rectify” the company’s lending, insurance and wealth management services, ...

Read More »
Send this to a friend