Tag: Globalization

Citizenship for Sale: 1M Pounds Buys UK Passport

There is a fascinating story in today’s FT about the increase in foreigners taking up the UK’s offer of a UK passport in exchange for 1M pound investment. As the piece notes: “The number of wealthy migrants entering the UK on specialist visas designed to attract millionaire investors jumped by over three-quarters last year, led

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The Bristol Pound and Other New/Old Ideas

BBC.com ran an interesting piece on September 18 by Dave Harvey on the recent creation of a new local currency in Bristol, England: the “Bristol Pound.” Notes Harvey: “The city of Bristol has launched its own currency, which cannot be used in Bath, never mind Berlin or Bombay. More than 350 firms in the city have

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