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Letters to the Editor – 5 June 2015

Letters to the Editor – 28 May 2015

What should, could and will Cameron get from his EU renegotiation?

With a Conservative majority and all the Labour leadership candidates saying they support a referendum on our EU membership, it now seems certain we shall have one in either 2017 or 2016. The options will be to either leave or stay on the terms secured in a renegotiation, which is apparently to be completed by this […]

Letters to the Editor – 21 May 2015

Letters to the Editor – 18 May 2015

Letters to the Editor – 13 May 2015

Introducing the new CapX

Welcome to the new version of CapX, the service dedicated to providing you with the best thinking and writing on politics, economics, markets and ideas from around the world. With capitalism under attack, CapX is a venture underpinned by a strong commitment to markets and limited government. Our team scours news sources, commentary, blogs, academic […]

The global elite cannot afford to ignore the nation state

In his Imagined Communities, the political scientist Benedict Anderson identifies four waves of nationalism. The first was the “creole” wars of liberation in North and South America, prompted by the policy of the European powers of barring the entry of the “creole” elite to higher official and political office. The accident of birth in the Americas seemed to […]

Capitalists should love the Premier League

When David Cameron announced that he planned to hold a referendum on the UK’s membership of the European Union the über-Europhiles warned that the debate would damage overseas investors’ willingness to commit to Britain. We now know that that scaremongering was not well founded. Data released last month from UK Trade and Investment found that […]

There will be a price to pay for QE

The explosion of “money-printing” since the financial crisis is a dangerous delusion which has stored up trouble for the future, says Liam Halligan, writing for CapX.  A Western central banker is ordering a pizza over the telephone. “Should I cut your pizza cut into six slices or eight slices, sir?” asks the youthful restaurant staffer. […]

Popular capitalism can save the Arab world

Among all major religions, Islam is the only one founded by a trader. According to the holy Quran (dictated by God himself to this prophet), profit is good as long the wealthy merchant redistributes a modest part of his acquired wealth to the poor. No idealization of poverty can be found in Islam, which makes […]

Government has no place in takeovers

Imagine that a certain Grantham grocer had decided to sell his business. His daughter would have not taken it well had a government official intervened and tried to prevent him, concerned perhaps that there would have been a threat to the employment prospects of a delivery boy or that the  purchaser might want to rationalise […]