Articles
Italy´s Five Star Movement has crushed a PM. It shouldn´t be ignored
12.12.16 Publication: Prospect Magazine
The long, slow fuse on Italy’s time-bomb has been lit. The crushing defeat of Prime Minister Matteo Renzi’s constitutional reform proposals in the national...
Read moreHammond throws the UK a modest cushion against Brexit
06.12.16
Phillip Hammond, the UK’s Chancellor of the Exchequer, is often depicted as dull and sombre but at November's Autumn Statement he was positively chipper. ...
Read moreThe real threat to Matteo Renzi is Beppe Grillo and his ilk
30.11.16 Publication: Financial Times
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Read moreRecent declines in global trade are benign, but storms are brewing
25.11.16
The freeing up of trade, which has been the single biggest source of Western prosperity since 1945 and of global growth since the late 1970s, is taking quite...
Read moreThe new politics of anger
24.11.16
Anger is, by common consent, the most important emotion among citizens in the West. At least, that is the popular conclusion being drawn from the Brexit...
Read moreMy Ofcom story
21.11.16
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Read moreMatteo Renzi has put Italy´s future—and that of the euro—at stake in a referendum
18.11.16 Publication: Prospect Magazine
A time-bomb is ticking away in the heart of Europe, carrying a label marked “Made in Italy.” It could yet be defused. But if it goes off, it would make...
Read moreBBC licence-payers deserve a strong, independent regulator
17.11.16 Publication: Financial Times
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Read moreThe inequality that helped Trump win could now get worse
16.11.16
By Tom Startup Was it the economy that won it? On the face of it, it wasn’t immediate economic woes that pushed Donald Trump into the White...
Read moreThe Implications of President Trump for US-Russia Relations
09.11.16 Publication: La Stampa
President Vladimir Putin must be a happy man: in January he will have America’s version of Silvio Berlusconi as his counterpart in the White House. He had...
Read moreWhat Trump Means for Britain
09.11.16 Publication: CAPX
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Read moreThe Creeping Public-Pension Debacle
08.11.16
If policy was rational and electorates understood the consequences fully for their taxes, no advanced, developed country would have a retirement age for public...
Read moreThe bond vigilantes are back
27.10.16
By Tom Startup Falling government bond yields and rising prices have been with us for so long that it has come with a shock: since the Brexit vote on June...
Read moreMinimum Wages
23.10.16 Publication: Nikkei Business
On October 1st, the only government economic policy measure this year that is likely to boost the Japanese economy came into effect. It is positive, but was...
Read moreObama’s legacy in Asia-Pacific
20.10.16 Publication: La Stampa
Most of President Barack Obama´s foreign policy has had to be reactive to inherited wars, to new civil wars, to new sources of pressure and instability. But...
Read moreObama´s legacy in Asia-Pacific
20.10.16 Publication: La Stampa
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Read moreInflation, not Brexit, should be worrying our policy makers
12.10.16 Publication: CAPX
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Read moreBrazil: Giant on a precipice’
18.05.16 Publication: La Stampa
To vote to impeach a president is, in any country, a kind of political nuclear weapon: it should be a very last resort, for such an extreme act can have...
Read moreBrazil: Giant on a precipice´
18.05.16 Publication: La Stampa
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Read morePreparing for President Trump
13.05.16 Publication: Project Syndicate
LONDON – As America’s friends and allies look on in astonishment at the all-but-certain prospect of a contest between Hillary Clinton and Donald Trump in...
Read moreDonald Trump’s Italian prototype
09.05.16 Publication: Nikkei Business
Here is a good principle when thinking about the US presidential election in November of this year: hope for the best, but prepare for the worst. It is...
Read moreEurope needs to attack the Caliphate’s credibility
24.03.16 Publication: La Stampa
After terrorist atrocities such as those in Brussels yesterday or in Paris in January and November last year, the political pressure to react, to act, to fight...
Read moreEurope needs to attack the Caliphate´s credibility
24.03.16 Publication: La Stampa
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Read more2020 Olympics
21.03.16 Publication: Nikkei Business
Are you expecting Tokyo´s Olympic Games in 2020 to bring a big economic benefit to the nation? Plenty of people seem to be hoping that it will bring such a...
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