2018: The end of financial history?

On the eve of the collapse of the Soviet Union, Francis Fukuyama wrote his famous essay “The End of History?*”, where he argued that the seemingly unstoppable spread of liberal democracy was signaling the endpoint of history whilst understanding the latter as an evolutionary process of a socio-cultural nature. A parallel can be drawn between … Continued

Merry Shopping and Indebted New Year

Critics of capitalism are not short of culprits to whom to blame for all its supposed evils. However, whilst others concentrate all the ire, marketers are quietly getting away with murder.   For example, whilst bankers can always claim to play a social role by fostering an optimal allocation of capital – matching thrifty savers … Continued