Author Archives: Tom Clougherty

Dear Pound Sterling Investors, Keep Calm and Carry On

The pound fell to a 30-year low against the dollar on Monday, after British Prime Minister Theresa May said she had no intention of keeping “bits of membership of the EU” after Brexit. The comment was widely interpreted as meaning … Continue reading

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Financial Deregulation? Don’t Bank on Brexit

On June 23, Britain voted by a margin of 52 to 48 percent to leave the European Union (EU). Much ink has already been spilled on the policy implications of that vote and, indeed, its long-run consequences may prove quite … Continue reading

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What’s at Stake in Britain’s EU Referendum?

On Thursday, Britain will vote on whether or not to leave the European Union (EU). As things stand, the race is too close to call: a week ago, “Leave” were surging in the polls; this week, things have swung back … Continue reading

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Cato Journal: Revisiting Three Intellectual Pillars of Monetary Wisdom

A new issue of the Cato Journal, which collects the proceedings of last year’s Annual Monetary Conference, was released last week.  Those proceedings include a paper by Claudio Borio, head of the Bank for International Settlement’s monetary and economic department, which Alt-M … Continue reading

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Competition in (British) Banking

Writing for FT.com’s “The Exchange” blog, economists Diane Coyle and Jonathan Haskel suggest that Britain’s regulators — namely, the Competition and Markets Authority and the Bank of England — have got it wrong on competition in banking.  The authors argue that “the … Continue reading

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Obama v. Brexit

http://www.cato.org/longtail-iframe/node/64040/field_longtail_player/0

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The Battle Lines over “Brexit”

http://www.cato.org/longtail-iframe/node/63486/field_longtail_player/0

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