Choosing our own money is central to economic freedom

Many economists extoll the virtues of the free enterprise system. Yet even some of the staunchest advocates of laissez-faire insist that the market “fails”...

Opportunity knocks

In July 2010, legend has it, a dangerous man arrived at Owen Roberts International Airport. He was dressed smartly but modestly and his accent, though foreign, was far from out of place on Grand Cayman.

Cybersecurity: Threat or opportunity?

Recent high-profile data breaches in offshore jurisdictions have highlighted the need for companies to take cyber security seriously. In its first annual report (October 2017),...

How regulation led to disruptive innovation in retail banking

Since the outset of the global financial crisis, the banking industry has been subject to dramatic regulatory policy change designed to restore stability and...

Innovation and patent boxes are unsound tax policy

Innovation boxes are not sound tax policy and are difficult to construct properly. Nevertheless, these schemes to offer preferential tax rates to certain types...