INFLATION AS TAXATION WITHOUT LEGISLATION

“Inflation is when you pay fifteen dollars for the ten-dollar haircut you used to get for five dollars when you had hair”. Sam Ewing....

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INNOVATE, ADAPT OR DIE

“Every once in a while, a new technology, an old problem, and a big idea turn into an innovation” Dean Kamen “Innovation is hard. It...

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Of Evolution, Revolution and Disruption a Requiem for Crude Oil

“The measure of intelligence is the ability to change” – Albert Einstein Charles Robert Darwin (1809-1882) was an English naturalist,...

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Bailing With Bail Out Funds

“One of the greatest disservices you can do to a man is to lend him money that he can’t pay back” Jesse H. Jones (1874-1956)....

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Politics: Why We Must All Get Involved

A few friends hosted a dinner in my honour at Federal Palace Hotel in Lagos yesterday. I’m taking liberty to share excerpts of my speech...

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FX Reserves: Borrowing from Yourself & Paying Someone Else

I know many of my former colleagues in the banking industry and my fellow students of Economics will be up in arms against me for holding...

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Industrialisation and Development Are Siamese Twins

“When you were making excuses someone else was making enterprise.” ― Amit Kalantri, in ‘Wealth of Words’   To set the...

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Great Things Come In Small Packages

‘There is no one giant step that does it. It’s a lot of little steps’. – Peter A. Cohen ‘A mighty flame followeth a tiny...

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BUDGET 2018: NAMING OUR PUPPY A LION

“The government pretends it is paying us, and we pretend we are working” – An old Soviet era joke “Dear Government… I’m going...

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MERCHANTS OF FAITH IN THE AGE OF HUNGER

Today, this column is devoted to an interrogation of issues raised in “Saved for His Praise”, a new book by the journalist and...

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