The Merchants of Monetary Menace, Act 2: The Recession

For the past six months, they’ve given us a spiel about inflation. But that was only Act 1 of the Merchants of Monetary Menace. And…

This is a crisis of underinvestment, say you

My article “When soaring profits are a bad sign for stocks” triggered plenty of reader mail. I asked whether underinvestment in the future was leading…

Have your say about inflation, stagflation and underinvestment

The reader mailbox is overflowing with some cracking commentary from… none other than yourselves. There were emails about inflation, discussion of stagflation, commentary on a…