Subscribe

Edmund Conway

Innovation: the Apple era vs Industrial Revolution

Innovation: the Apple era vs Industrial Revolution

In the yards of coverage about the Apple vs Samsung battle [http://news.sky.com/story/977463/samsung-shares-plunge-after-apple-verdict], I’ve read quite a few justifications as to why it was right of the US court to demand that Samsung pay its competitor $1bn for infringing its patents. One economic one

New Business Bank: not as new as it looks

New Business Bank: not as new as it looks

The collapse in the banking system has been bad for the entire economy [https://www.edmundconway.com/2012/08/why-do-britains-banks-always-win/]– but the people feeling it most are those who run and work for small and medium sized enterprises. They are too small to be able to raise money on capital

Bank Policymaker Calls For Less Financial Regulation

Bank Policymaker Calls For Less Financial Regulation

“We need less regulation – not more.” It’s hardly a fashionable idea these days, with the world still reeling from the biggest financial crisis since the Great Depression. As far as many are concerned, it was a lack of financial regulation which got us into this mess to start with.

Don't pre-judge it: instant take on Bernanke's Jackson Hole speech

They expected something special. They expected a speech which would set the stage for another round of quantitative easing. They expected a speech which would yank the US back from the brink of recession again. In the event, what investors got was, well, a disappointment. It might be worth asking

(no title)

(no title)

[https://i2.wp.com/www.edmundconway.com/wp-content/uploads/2012/08/housespend.jpg?ssl=1] UK household spending is currently more than 6% below its pre-crisis peak (source: Capital Economics)

(no title)

(no title)

[https://i0.wp.com/www.edmundconway.com/wp-content/uploads/2012/08/20120831-141822.jpg?ssl=1] The US can usually borrow more cheaply than the UK. Today UK 10yr gilt rates are sub-1.5%, compared to over 1.6% for the US

Quick housing market update

Quick housing market update

According to Nationwide, house prices rebounded in August, rising by 1.3% – the biggest monthly increase since 2010. The annual rate of change is still negative, at -0.7%; and of course these figures disguise enormous disparities between different regions (most notably, prices in London are still buoyant, but they’