No More Business as Usual...  Ross Ashcroft gives the 2012 keynote for the Renegade Economist Winter Series.

Unbridled capitalism favors the survival of the fittest even if it means pushing other people into destitution and starvation, creating untold suffering for animals and the natural environment, and depleting and destroying the natural resources of our world.

Today, beyond any doubt, the desirability of system change is widely accepted. Here is a look into the 3 urgent global problems to address first. 

Two things caused me to start thinking about this topic today.  The first was Attorney General Eric Holder’s announcement that he wants Americans to snitch on people committing Intellectual Property crimes on the internet.  The second was the ads in free iPhone apps.

State Licenses for certain occupations have long been a rallying cry for libertarians, and have recently been one of few areas where they find common ground with left leaning economists.  

Ooh, a banking enquiry. Bob Diamond's geezers will be quaking in their Guccis.

What does the close relationship between Prime Minister, David Cameron, and mathematician and philosopher Nasim Taleb mean for UK economic policy? And if Mr Taleb's theories on Black Swans, risk and debt are being absorbed by the PM, what are the implications be for savers and investors?