Why Silk Road basically sells insurance and financial products, not drugs
By Alex Hern - 16 August 12:55

The world's biggest online drug marketplace is more like the world's biggest service company

Why isn't the government doing all it can to cut the deficit?
By Alex Hern - 16 August 9:51

There's a whole class of policies which could cut the deficit in the medium to long term, which the government is ignoring. It's a sign of how weak public debate has become.

Shale gas could frack up our manufacturing
By Julian Morgan - 15 August 15:32

Fracking won't help our industrial base, if the Dutch disease is anything to go by.

The proposed hyperloop.
The overhyped hyperloop: is Elon Musk's plan a superfast load of nonsense?
By Alex Hern - 15 August 11:27

The Hyperloop as pitched – as a $6bn project usefully linking two cities – can't exist. But the excitement around it could destroy any hopes for a workable Californian high speed rail link.

New Statesman
Unemployment flat at 7.8 per cent
By Alex Hern - 14 August 9:33

Employment rises by 0.1 percentage point to 71.5 per cent.

New Statesman
Facebook encourages 30,000 to become organ donors
By Alex Hern - 13 August 15:41

A nudge here, an organ there.

Android vulnerability hits Bitcoin apps and more
By Alex Hern - 13 August 7:57

When a random number is not so random, security pays the price

Who will be able to afford to "pay to stay" in social housing?
By Alex Hern - 10 August 9:04

When people can't afford "affordable" rents, housing policy is broken.

We shouldn't be hanging on the every word of Britain’s new "superstar" central banker
By Jeremy Green - 08 August 12:42

Britain's economic debate needs to be more daring than the Bank of England can ever be, writes Jeremy Green.

New Statesman
How zero-hours contracts hide real unemployment
By Alex Hern - 07 August 12:46

If you're on contract without work, the ONS can count you as employed.

New Statesman
Bank of England: interest rates stay low til unemployment drops
By Alex Hern - 07 August 11:03

Mark Carney's Bank promises to fight the slack in the economy.

What could a Jeff Bezos Washington Post look like?
By Alex Hern - 06 August 15:42

There will be changes afoot at the venerable institution.

New Statesman
High stamp duty lowers house prices
By Alex Hern - 06 August 12:46

A new paper from IZA confirms: it's sellers who really pay stamp duty.

Late, getting later: speeding up payments would speed up growth
By Nigel Knowles - 05 August 18:00

£35bn is owed to small and medium businesses. That needs to fall, or it's the whole country which will pay the bill.

New Statesman
Strong services data for July indicates health in the sector
By Alex Hern - 05 August 11:40

The services PMI for July came in at 60.2.

The EU's cat-herder-in-chief fails to move the markets where he wants
By Nick Beecroft - 02 August 9:47

Mario Draghi strained to have an effect, but to no avail.

Queuing online might be the only way to save free services
By Alex Hern - 31 July 15:34

Mailbox may have a queue, but at least it still exists.

The $100bn cost of making tourists get visas
By Alex Hern - 31 July 10:23

"Tough on migration" can't help but meaning "tough on tourism".

Homeownership isn't a good aim of policy
By Alex Hern - 30 July 12:11

A nation of homeowners isn't better than a nation of renters – and it may even be worse.

There's a new horizon in history: "panic time"
By Colin Hay and Tony Payne - 29 July 12:50

It's no longer enough to think of history moving in series of events. Thanks to the Great Uncertainty, we now have to look at the moments when time breaks down.

Amazon reports quarterly loss, so of course share price is up
By Alex Hern - 26 July 17:40

Welcome to the wacky world of Amazon.

New Statesman
British regions replaced by economies of the same size
By Alex Hern - 26 July 15:51

Boris Johnson, mayor of… UAE?

Hundred-thousand dollar Kickstarter cancelled amid threats and anger
By Alex Hern - 26 July 14:25

Do we have to get used to the occasional failure?

Would Justin Welby be embarrassed to own shares in my bank?
By Alex Hern - 26 July 11:20

The financial sector as a whole isn't the most salubrious industry to be in.

New Statesman
A financial transactions tax just makes good business sense for Britain
By Jon Slater - 25 July 16:20

Rather than refusing it to rebuild our casino banks, we should create something new and better.

If you own a house, good news! If you don't, you may want to go read about kittens for a bit
By Alex Hern - 25 July 16:09

House prices are set to rise by almost 20% in the next five years.

Can Danny Alexander get banks lending?
By Carl Packman - 25 July 14:12

Information isn't enough, writes Carl Packman. Financial institutions need to know about their obligations.