Denial or acceptance

In one sense, a weak dollar is good news for the world. Behind the global economy?s current revival is a…

All at sea

Milton Friedman argued for legalising insider trading on the grounds that it benefited all investors by quickly disseminating new information.…

Back to the circuit board

This year?s Web 2.0 Summit, an annual technology conference in San Francisco, featured a reception at a swanky hotel dubbed…

Sizzling away

Barney Frank, head of the financial-services committee in America?s House of Representatives, likes to point out that shaping legislation, like…

Compensation claim

Watching an industry committing political suicide is ugly. That is what investment banks are doing by paying bumper bonuses a…

The pyramid principle

Judged by their giant compensation bills, Wall Street?s banks are in fine fettle. But pay is one of the few…

Down with the dollar

On March 5th an index of the value of the American dollar against six other big currencies touched 89.11, its…

Betting on bytes

Every year, many leading lights of the internet world congregate at the Web 2.0 Summit in San Francisco. The 2009…

Loose thinking

The Bank of Japan pioneered the process known as quantitative easing in 2001-06, when it massively boosted the reserves that…

Reality bites

Building economic models usually involves stripping the world down to its most essential features. But simple theories often struggle to…

Call of the market

The word grameen means ?of the village? in Bengali. But Grameenphone, Bangladesh?s biggest mobile-phone firm with over 21m subscribers, is…

Impenetrable

Every year, says Paul French, head of Access Asia, a research firm based in Shanghai, the same company buys the…

The bills are alive

The alpine hamlets and valleys of Vorarlberg, Austria?s westernmost province, rarely attract much attention, even at home. Yet the region…

Bullion bulls

Gold fascinates investors. The latest surge in bullion?nominal prices this week topped $1,050 an ounce, a record?has generated headlines that…