Banco Central do Brasil launched an instant state-backed retail payment system back in November 2020 called Pix. You might know all about it already. If not you should. Why? Pix is a powerful case …| principlesandinterest
My day job is to lead a team of people who analyse and invest in financial market assets on behalf of clients. It’s mostly stocks and bonds. Portfolio managers tend to seek to identify assets that …| principlesandinterest
The Guardian scoop today on photo ID requirement in UK elections references a @commonslibrary report estimates that 3.5m UK adults lack photo ID required to vote. In the US, the Republican Party ha…| principlesandinterest
Joe Weisenthal’s morning notes are always worth a read. This morning he touched on a topic that I’ve been thinking on for a few days – the arguments around Bitcoin’s electri…| principlesandinterest
Jo Michell has written a good piece in Tribune countering arguments from some on the Left around the necessity of taxation. It’s a short piece that you should read, but I understood it as goin…| principlesandinterest
When trying to estimate inequality in Britain, it sort of depends what you’re looking at. While UK income inequality rose significantly in the 1980s, it has stayed pretty steady since the early 199…| principlesandinterest
An idea you’ll likely hate. Monetary policy is pretty much universally understood to be the only fast and responsive macroeconomic policy lever. I mean, maybe you could make a case for foreign exch…| principlesandinterest
Being honest about the choices we face This blog is part of a collaborative Joseph Rowntree Foundation project examining and exploring ideas we need to advance Social Justice in a Digital Age. “Pro…| principlesandinterest
I wrote a quick blog for FT Alphaville earlier about some of the frankly incredible moves that have been happening at the long end of the yield curve earlier today. I’m worried that it’s a bit too …| principlesandinterest
Neville Hill and I originally wrote this piece in early summer 2019, but never quite finished it. As all the excitement over fiscal rules ahead of the 2019 UK General Election kicked-off, we wrote …| principlesandinterest