Month: January 2013

Is financial innovation a good idea?

Is financial innovation a good thing or a bad thing? Is it possible to tell in advance? Some might recall Warren Buffett’s comments in 2003, when he characterised derivatives as financial weapons of mass destruction, and suggest that perhaps it is. We know that novel, complex and non-transparent […]

Who’s who in the private rented sector?

[Originally posted at the Guardian Housing Network, 25/01/13] The most striking change in the British housing market over the last decade is the growth of private renting. Last week, Mark Prisk, the housing minister, indicated in the Spectator that further growth is desirable. He wants to make the […]

The peculiarities of plebgate

There is little doubt that the so-called “plebgate” affair leading to Andrew Mitchell’s resignation was decidedly peculiar. It had momentum in the media because it pandered to preconceptions of the Tory Cabinet as a bunch of out of touch, condescending and rather unpleasant upper class twits. In the […]