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The myth of Santa Claus has been translated into an extraordinary market on a global scale. But how did this marketing success materialise? How did Finland become the home of Christmas?
Torture was officially outlawed in France in the 1780s and in Europe during the nineteenth century. In the late twentieth and early twenty-first centuries, it has returned as an instrument of state policy.
Housing represents the main asset class held by UK households and we shall try to understand why it is held as such a large share of assets. We shall then outline whether this choice has other knock on effects in the economy such as labour and social mobility.
We will carefully outline the categories of savings held by households and link that to the operation of financial intermediaries in providing loanable funds.