Lobster Issue 60 (Winter 2010)
[PDF file]: […] illiteracy of our politicians. I don’t mean their grasp of economic theory, most of which is bollocks or irrelevant; I mean their grasp of our economic his tory and the structural conflict between domestic and overseas economies. The last prime minister to understand this was Harold Wilson. Edward Heath did economics as part of […]
Lobster Issue 70 (Winter 2015)
[PDF file]: Robin Ramsay Even Wikipedia . . . In August much of the major media, including the BBC, ran a s tory about the late Cedric Belfrage, claiming he was a Soviet spy, ‘the sixth man’. Christopher Andrew was among those prominently quoted supporting this thesis. The estimable John Simkins published a devastating rebuttal of […]
Lobster Issue 68 (Winter 2014)
Lobster Issue 81 (Summer 2021)
[PDF file]: […] As derivatives go, these are pretty plain vanilla. They give investors exposure to an underlying asset without having to own it (and therefore appear on the regula tory filings that disclose the biggest holders of publicly-listed shares). The other main benefit is that swaps allow you to leverage up the bet. And here lies […]