Nice communication piece by the Bank of England by talking about solvency and liquidity: The article explains that a bank’s capital base and its holdings of liquid assets are both important in helping a bank to withstand certain types of shocks. But, just as their natures as ‘financial resources’ differ, so does the nature of […]
I’m seeing a lot of this recently (via Twitter) The Israeli model is successful because the Israeli government, rather than funding incubator managers, invest in start-up companies to the tune of $500k to $750k. The model integrates 85% government and 15% private first stage investment, with the government input reducing risk at the early stages […]
I see Brian Rudman suggesting that we make a government remuneration board for workers on low wages. Some concerns: This isn’t “society giving people a fair go” – this is one set of people being told to increase the amount they pay for a factor of production, it is put down as their responsibility and […]
Sunday was the 5-year anniversary of the failure of Lehman Brothers – there was a live-streaming Twitter account, an good article by Liam Dann reminiscing, and a pointer to what he wrote about the crisis at the time. Given how well his article held up, I was tempted to see what embarrassing things I said […]
I am currently disappointingly short on time, I apologise. So I will take this chance to quote from smart people, in this case Amartya Sen on inequality again. This time at the end of chapter one from ‘Inequality Reexamined’. The tendency to assume away interpersonal diversities can originate not only from the pragmatic temptation to […]
Here are some links that I suggest people go and give a read if you haven’t already – they are all things I wanted to post about, but have decided to link without comment 😉