Proponents of minimal government laud a government-free system of enterprise and innovation as key to unlocking prosperity. At the other extreme, regulation should not assume all actions are maleficent and make the tiniest flaw a criminal offence. Such measures stifle any risk-taking and innovation
The Bank of Japan has ended a long era of negative interest rates, while the UK economy may be looking up in 2024. Meanwhile, inflation remains a key worry for most adults in several countries, leading to financial stress.