The Iberian Power Cut of April 2025 was a regulatory failure. At a time of rampant deregulation, it offers a reminder of the risks we run if we remove all rules for business.
Why does Spain win and England lose? Intelligent management vs emotion is part of the answer. Spain plays the odds, while England requires its players to recapitulate days of Empire.
There is a huge contrast between Singapore and the United States when it comes to political accountability. How do Western democracies become less like the US and more like Singapore?