Europe is currently undertaking a frenzy of regulatory action against Big Tech. But the question arises: what will be the actual impact on Big Tech, and how will it actually improve the tech ecosystem in Europe? On the one hand, it is clear that the rise of very large digital platforms and their...

The fundamental reasons why financial crises start may not have changed much over the centuries, given the immutable qualities and pathologies of human nature. However, the nature of the financial system has changed — it has become secularly more interconnected, immediate, global and complex....