We Need to Re-Think Economics

Vikas Shah, November 2013 Originally Published in Entrepreneur Country It’s curious how we treat the market as a phenomenon that exists outside us; akin to climate.  Our forecasts describe the oscillations and undulations of this entity with the accuracy we would expect from weather forecasts.  Tens of thousands of businesses, traders and other participants go-out, take-cover or make decisions on the basis of these words.  For longer than most market-participants would care to admit, the…

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Mining Man’s Final Frontier

Originally Published in Entrepreneur Country, July 2013 “Throughout much of history… ” writes  Prof. Edward Barbier,  “a critical driving force behind global economic development has been the response of society to the scarcity of key natural resources, such as land, forests, fish, fossil fuels and minerals.  Increasing scarcity raises the cost of exploiting existing natural resources and creates incentives in all economies to innovate and conserve.  However, economies have also responded to increasing scarcity by obtaining and developing…

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The Truth About Executive Pay

Guest article written for AllAboutAlpha.com – the official publication of the Chartered Alternative Investment Analyst (CAIA) Association Originally Published at: http://allaboutalpha.com/blog/2013/06/17/the-truth-about-executive-pay/ There is little doubt that we are facing tough times for the economy.  Rising unemployment, austerity and many other factors have meant that the average person feels considerably worse off than at any other time in recent history.  It is unsurprising therefore,  that we are witnessing a backlash against senior executives (in many industries) who…

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How Close Did We Come to Financial Meltdown

Originally published in Global ARC. Vikas Shah interviews Alan S. Blinder (the Gordon S. Rentschler Memorial Professor of Economics and Public Affairs at Princeton University) who served as Vice Chairman of the Board of Governors of the Federal Reserve System from June 1994 until January 1996. In this position, he represented the Fed at various international meetings, and was a member of the Board’s committees on Bank Supervision and Regulation, Consumer and Community Affairs, and Derivative…

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Fighting HIV/AIDS – The Greatest Epidemic in Modern History.

In these exclusive interviews, we speak to Michel Sidibé (Executive Director, UNAids), Dr. Stefano Bertozzi (Director of HIV at the Bill & Melinda Gates Foundation), Dr. Gottfried Hirnschall(Director of HIV Department at WHO – World Health Organisation), Dr. Robert Gallo (Founder of The Institute of Human Virology (IHV) who became world famous in 1984 when he co-discovered HIV as the cause of AIDS) and Brian West (Chair of the European Aids Treatment Group, who has been living with HIV for over 25 years). We look at the very nature of the virus, its impact on society and culture globally, and discuss the opportunities to move to a world free of HIV/AIDS.

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A Look at the World Diamond Market

Diamond’s are one of the world’s most precious natural resources.  These unique stones are almost as old as the Earth itself, and have become culturally, socially, economically, politically and even  scientifically significant.  Figures from the World Diamond Council state that each year, around US$13 billion of rough-diamonds are mined (65% of which come from Africa).  The diamond value chain (from exploration, to mining, processing and retail) employs over 10 million people around the world, and…

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Managing Risk in Fixed Income Markets

Guest article written for AllAboutAlpha.com – the official publication of the Chartered Alternative Investment Analyst (CAIA) Association Originally posted at: http://allaboutalpha.com/blog/2012/12/20/managing-risk-in-fixed-income-markets/ At any given time, almost US$100 trillion is outstanding on the global bond market.  This is roughly twice the size of the world’s equity markets combined, amounting to almost 150% of global GDP.  Bonds and other fixed-income instruments are the foundation of how much of the world’s economy is funded. From central banks to financial…

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Inside the Dubai Mercantile Exchange

Guest article written for AllAboutAlpha.com – the official publication of the  Chartered Alternative Investment Analyst (CAIA) Association Originally posted at: http://allaboutalpha.com/blog/2012/11/27/a-look-at-the-dubai-mercantile-exchange-with-christopher-fix/ The world’s future exchanges have always been built around the needs of trade-cycles.  The gamut of participants in any commodity not only require clear and standardised pricing, but also need to be able to hedge that pricing now- and in the future. It is no surprise that after a century of growth, the Western World…

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The LIBOR Scandal – What Next?

Guest article written for AllAboutAlpha.com – the official publication of the  Chartered Alternative Investment Analyst (CAIA) Association Originally posted at: http://allaboutalpha.com/blog/2012/11/08/andrew-lo-on-the-libor-scandal-and-whats-next/ Finance is a world where your input, output, and value-add are the same, money… and after a while in the  markets, everything becomes just-a-number.   Traders may start their careers excited at the prospect of handling millions, but soon- even billions become just a number, a number that you play with to meet your own- or…

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The Future of the UK Economy

Guest article written for AllAboutAlpha.com – the official publication of the  Chartered Alternative Investment Analyst (CAIA) Association Originally posted at: http://allaboutalpha.com/blog/2012/09/24/the-future-of-the-uk-economy The United Kingdom is a tiny island, with an astonishing economy.  This is the nation credited with building the largest empire history has ever known, and which played a pivotal role in many of the greatest global economic advances (from industrialisation to globalisation).  This rock-star status has allowed the country to grow to become (as…

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