Ed Conway

Were it not for a German bomb, there’s a very real chance John Maynard Keynes would never have become involved in one of the biggest economic achievements of his life – Bretton Woods. In the early 1940s, by far and away the most likely person to have led the negotiations

One of the biggest misconceptions in economics is that it’s difficult to spot a bubble. On the contrary: spotting a bubble is actually pretty easy. The difficult thing is predicting when it’ll go pop. So let’s not beat around the bush. London is facing a house price

George Osborne has today committed [http://news.sky.com/story/1234422/osborne-pledges-full-employment-for-uk] to “fight for Full Employment in Britain”. But what does “full employment” actually mean? The answer, as with so much else in the world of politics and economics, depends on who you ask. According to those who drafted

The current account balance is one of those economic numbers that tends to linger in the backdrop these days. In the era of the Gold Standard and Bretton Woods system, when a country’s economic policy was largely determined by its balance with the rest of the world, this measure

There’s a standard line the Bank of England trots out every time someone asks whether they’re happy about the near-unprecedented regional economic disparities around the UK: they “decide monetary policy for the country as a whole” – not a specific region. You can trace this regional agnosticism back to

Were I one of Ed Miliband’s advisors, I’d print out the following chart and slip it under his door as quickly as possible. [https://i0.wp.com/www.edmundconway.com/wp-content/uploads/2014/03/pikettyinheritance.jpg?ssl=1] It’s from Thomas Piketty’s new book [http://www.