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Created
Thu, 22/05/2025 - 19:46
Mercantilist ideas still resonate in current economic practices. Modern ‘management’ of exchange rates by governments, trying to steal a competitive advantage for exports and accumulate foreign exchange reserves, harks back to mercantilist notions of boosting exports to accumulate gold and silver. Tariffs, import quotas and other measures to control trade and support domestic enterprises are […]
Created
Thu, 22/05/2025 - 18:00
Simon Whitaker Digital currencies and the tokenisation of financial assets could speed up the movement of money and assets between institutions and across borders. Historically, the liberalisation of capital flows led to debates about the impact on macroeconomic and financial stability. Bouts of instability – for example the 2008 global financial crisis – provoked calls … Continue reading Could digitalisation of finance lead to more disruptive international capital flows?
Created
Thu, 22/05/2025 - 14:44

Erik Satie had a way with words. There have been few composers who found such obvious glee in the use of language. In written performance indications appended to his scores, he would ask musicians to play ‘without your fingers blushing’ or ‘on the tips of your back teeth’. Eschewing the standard terminology of classical notation […]