FINANCE PUBLICATIONS
15 December 2023
The Experience of Free Banking outlines a monetary system where private banks issue competing banknotes, usually anchored to a commodity like gold or silver, …
6 June 2018
The popular account of offshore financial centres as hotbeds of tax evasion is an outdated caricature that bears little resemblance to how OFCs operate. …
2 May 2018
The weak global GDP growth since the financial crisis in 2007-2009 has coincided with unusually weak growth in global trade. The average global tariff …
28 February 2018
Financial firms serve many useful functions which individuals and households could scarcely undertake on their own. These functions include maturity transformation, matching lenders and …
16 February 2018
A ‘free’ banking system without a central bank provides incentives for banks to act with restraint. Their lending policies are, in effect, tied to …
5 February 2018
As the world’s leading international financial centre, London faces fascinating opportunities as well as some significant challenges in coming years. This is as a …
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