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Ed Conway

Hi I'm Ed Conway and this is my website!

China's economic miracle is a fragile one

First published in the Telegraph on 12 November 2009 Every economist has a favourite fact about the Chinese economy. Mine is this: every month, the country generates so much surplus cash from trade that it could afford to go out and buy three of Britain’s biggest companies – say, British

Our black gold is dragging us into the red

First published in the Telegraph on 5 November 2009 What was the industry that powered Britain towards prosperity in the 1980s, and made us one of the most dynamic and successful nations in the Western world? I’ll give you a clue: it was described by a prime minister as

A social timebomb is set to explode in Britain

First published in the Telegraph on 29 October 2009 One of my favourite moments from the television series The Wire comes towards the end of the first season. Two of the police officers who have been monitoring drug dealers arrive one morning to find that the area is deserted: no

Up creek, no paddle, blindfolded, without map

First published in the Telegraph on 22 October 2009 We are letting this crisis go to waste. This is not a new sentiment, but when coming from the lips of the Governor of the Bank of England, it carries a certain added weight. If Mervyn King didn’t put it

Britain's secret weapon against a fiscal crisis

First published in the Telegraph on 22 October 2009 Warning: this blog is about the government debt market. But hold on – before you click the “back” button or expunge this blog from your RSS feed, know this: it is also, by extension, about two of the biggest questions facing us

Bonanza! A year ago, the financial system was in meltdown and bankers were the villains of the piece. So how can it be that Goldman Sachs and JP Morga

First published in the Telegraph on 16 October 2009 Anyone looking for an example of the bizarre turn our mutant economy has taken in the wake of the financial crisis should have been in Istanbul a couple of weeks ago. In the granite conference centre that looms over one of

What the economic crisis needs is 'The Wire'

First published in the Telegraph on 15 October 2009 The “definitive” take on the financial crisis most probably will not be written for some decades. Neither Galbraith’s nor Friedman’s accounts of the depression appeared until some decades after the 1930s – and even now the depression is still being