‘George Soros is much too pessimistic. The slowdown in late 2008 and 2009 will be only a blip on the path to further prosperity’

‘To point a finger at “bankers” (whatever the word means) is as dangerous as stigmatising racial or religious minorities’

Where Britain Leads the World

One of the most important contributions which Britain made to the prosperity of the world in the 19th century was the repeal of the Corn Laws in 1846.

It’s the Politics, Stupid

The American subprime explosion is still sending ripples of trouble out to the rest of the financial world. But subprime mortgages may only be the beginning of disruption in the US.

Underrated: Abroad

The ravenous longing for the infinite possibilities of “otherwhere”

The king of cakes

"Yuletide revels were designed to see you through the dark days — and how dark they seem today"