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The super-rich are different from you and me

Paul Krugman The super-rich are different from you and me. They are pettier and more self-centered than most of us can easily imagine. Hi, Paul Krugman here. This video is…

AI is the force for change in banking

Chris Skinner I’ve just been reading McKinsey’s latest piece about the AI-powered bank. It reads like a polite consulting report, but underneath it is a fairly brutal critique of the…

Inflation hits a six-month high; the programme has failed; this time, the excuse is the war…

Levent Gürses As inflation begins to rise again, this time the excuse is the war in Iran. Yet the war is affecting the whole world, and despite minor fluctuations, inflation…

J.Doyne Farmer: Can we finally simulate the climate economy?

Tim Mohin Sophia and I first collaborated in 2023, building technology partnerships at the intersection of AI and sustainability. When she told me she was leaving BCG to join Macrocosm’s…

A novelist’s perspective on the spirit of the times through the concept of ‘accessible luxury’ and a statistical snapshot of poverty

Levent Gürses By the end of 2025, the proportion of wage earners in Turkey earning just 5 per cent above or below the minimum wage had reached 49.6 per cent…

Chris Skinner: Digital banking and fintech have ruined the customer experience

Chris Skinner We’ve moved from simplicity to fragmentation, and now we’re struggling with the consequences. In short, we’ve built a highly fragmented financial world in the name of innovation, and…

Money only works in a trusted, shared system

Chris Skinner There’s a fundamental truth about money that we often forget: money only works because we all agree to use the same system. Whether it’s Visa, SWIFT or central…

Playing the fool in business and markets

John Elkington The power of the Fool and Jester—even sometimes of the Trickster—was about licensed transgression, a formally sanctioned role that could say the unsayable precisely because it arrived wrapped…

Inflation and interest rate forecasts are being revised upwards due to the impact of the war

Levent Gürses The war in Iran has begun to disrupt the delicate balance of the Turkish economy. In a process that began with fuel price rises, the acceleration of price…

Free fertiliser and diesel for farmers will curb food inflation

Osman Şenkul Turkey has become the “world’s third-highest” in terms of food inflation, having overtaken Argentina last January to rank behind South Sudan and Iran. Even well before reaching this…