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The business cycle of the US ain’t dead yet

“It’s difficult to make predictions, especially about the future” —Statement often attributed to Yankees baseball star Yogi Berra We are at that time of year when economic columnists (and all manner of other commentators, too) are expected to make wise and insightful judgments about the next 12 months. You should be wary of these predictions, which are highly ritualistic and ...

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Internet must hide data, not share it

As a web developer, I remembered when I read Alistair Barr’s account of his attempt to delete his user data, under the auspices of California’s new Consumer Privacy Act. The process is so cumbersome — it takes more than two hours and requires uploading selfies and a photo ID — that it ends up having the opposite of the intended ...

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UK carmaker Aston Martin isn’t a patch on Ferrari

Barely a year has passed since Aston Martin Lagonda Global Holdings Plc listed shares in London and persuaded investors it deserved a premium valuation similar to that of Ferrari NV. The luxury carmaker’s preliminary yearly results were a reminder that its management badly misjudged both the strength of the brand and the resilience of its balance sheet. In reality Aston ...

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