Ownership

Ownership

Welcome to CapX America

Since CapX launched in London we have had a hugely encouraging response. Traffic is rising fast in Europe. Not everyone agrees with everything we publish on the site, but it would be bizarre if they did. CapX is not an echo chamber. As Editor, even I don’t agree with every aspect of every piece either. […]

Ownership

The Help to Buy ISA is economic illiteracy laid bare

Next month sees the launch of the UK government’s Help to Buy ISA. Six of the UK’s biggest banks will provide this product. Savers will be able to put away up to £12,000 and the Government will top this up with a 25% bonus. It is designed to help boost the deposits accrued by first […]

Ownership

Donald Trump wants to overthrow American capitalism

Donald Trump’s campaign still hasn’t blown up or caved in, or whatever it was supposed to do when he announced his candidacy in June. In fact, he remains the Republican frontrunner: 42 percent of Republican-leaning voters consider him most likely to win the GOP nomination, while 43 percent think he has the best chance of […]

Ownership

How to fix Britain’s broken housing market

John Jacob Astor was one of the top ten richest people of all time. He invested heavily in Manhattan real estate in the early 1800s with the profits from his fur business. Astor reckoned that New York was likely to become a major world city, and that by releasing only small land parcels as demand […]

Ownership

Why we don’t need a male suffrage movement

Despite the return of feminism, culminating in the film Suffragette, premiered in London this week, it is now becoming fashionable to shift our sympathies away from women and towards blue-collar men. Whilst Sisters Uncut were protesting on the red carpet, drawing attention to the lives of women at the bottom of the ladder, politicians at party […]

Ownership

Why does Michelle Mone need a taxpayer-owned chauffeur-driven Jaguar?

There’s a curious story in a number of newspapers about Michelle Mone, the “lingerie tycoon”. She tweeted a picture from inside the rather nice Jaguar she has been lent – with driver – by the taxpayer. This prompted complaints that she was showing off and all the rest of it. The tweet, or post, on Twitter […]

Ownership

Putting consumers at the heart of the personal data economy

Our personal data represents a vast and ever-growing resource with enormous potential to transform and improve our lives. If only we’d let it. Concerns over privacy and suspicions about the motives and methods of big corporations gobbling up our information are, quite understandably, making many people step back from the degree of data sharing such […]

Ownership

Encryption: the Internet user’s friend and the government’s illusory bogeyman

Earlier this year UK Prime Minister David Cameron said, “[t]he question is are we going to allow a means of communications which it simply isn’t possible to read. My answer to that question is: no, we must not.” Cameron’s comments follow on the heels of an ongoing debate in Western nations focusing on a perceived […]

Ownership

Sharing, but not really caring – why the sharing economy is not taking off in Italy

When I went back to Rome for the summer holidays, I was pleased to see that – finally – the city is starting to show signs of the sharing economy. I noticed several of Car2Go’s white smart cars and Enjoy’s red FIAT 500s roaming the streets, stopping at dedicated parking spots and generally functioning – at […]

Ownership

Swiss art museums in the long shadows of the German Nazi regime

The principle of legal certainty may seem as self-evident as it is overestimated. Taken for an absolute value or falling prey to special interests, this ideal may turn into a recipe for injustice. Legal certainty is only a good thing when the law itself is appropriate and just. There is no reason for holding on […]

Government

High immigration is a sign of success

An extra 330,000 people moved to Britain in the year to March. According to immigration minister James Brokenshire, the figures are “deeply disappointing”. Yet on the contrary, increased immigration is actually a sign of success. Back in the dark days of September 2012 when the economy was stagnant and Chancellor George Osborne was booed at […]

Ownership

The joy of cricket

It is the greatest of games, and we have just witnessing a match which will be talked about for as long as cricket is played. The first Ashes test marked the dawn of Test cricket, and since then, every series has been fiercely contested: none more than this one. England’s triumph was as unexpected as […]

Ownership

Social mobility: what really holds people back

At this time of the year, when GCSE and A-level results are announced, young people across the country are thinking ahead and planning their future. If you are a parent, you could be excused for feeling even more anxious this year than any other. Talk of rising inequality and declining social mobility, regularly discussed in the press, […]

Ownership

Indian farmers are cashing in on organic veg

Indian Prime Minister Narendra Modi last week called on the country’s scientists and agriculturalists to turn their attention to leading India’s second green revolution. In particular he urged his country to tap into the global market for organic food. For a long time seen as the preserve of the ‘muesli belt’, organic produce is increasingly […]

Ownership

Global banks are 17 times more exposed to China than Greece

The amount of political energy expended on Greece’s debt crisis is extraordinary if you consider the numbers. A country which owes under €250bn to international institutions, a paltry sum when stood next to a eurozone economy which measured €12 trillion last year, has stirred up an enormous amount of fuss over something that, had enough people bought into the […]

Ownership

Scandinavian Unexceptionalism #2: Culture matters

A Scandinavian economist once stated to Milton Friedman: “In Scandinavia we have no poverty.” Milton Friedman replied, “That’s interesting, because in America among Scandinavians, we have no poverty either”. At first glance, this exchange of words might not seem very exciting. But in fact, it can teach us much about the limits of politics, and […]

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