Author: Paul Amery

How the internet went wrong

“Competition is for losers,” Paypal founder, early Facebook investor and bitcoin enthusiast Peter Thiel once said. But now the monopoly power of the big tech firms has outgrown even Thiel’s […]

Hydrocarbons, geopolitics and money

Whoever dominates the world’s energy markets rules global politics. Coal fuelled the expansion of the British empire. Control over oil flows helped the US dictate the settlement after World War […]

Stablecoins come unstuck again

The cryptocurrency market turmoil unleashed by the collapse of lending platform Celsius Network is putting dollar stablecoins under renewed pressure. Earlier today Celsius announced that it was pausing all withdrawals, […]