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John Lanchester's lesson in financial literacy is blighted by his contempt
They’ve Never Had It So Bad
'The Great Recession of 2008 knocked many assumptions but it knocked the assumptions of the young worst of all'
Cutting expenditure won’t cut debt
‘There is a much better way of reducing the deficit than austerity: get the economy to grow'
Is China outstripping the West at innovation?
Europe was the great engine of invention in the 19th century, the US in the 20th. But can they keep up with their 21st century competito?
David P Goldman
Piketty’s panacea will make inequality worse
Has the fashionable French economist thought through his radical proposals? Crunch the numbers and you see the damage they'd do
Busting the Boom Myths
‘Yes, net mortgage debt has increased in the last few years. But no, reports of a boom are unjustified and wrong'
The Global Race isn’t a Sprint
A perfect book for anyone suffering from a surfeit of Thomas Piketty
Investing in Freedom
"Most people in the West still cling to the view that freedom generates economic growth—but what happens if this is demonstrably no longer the case?"
Enjoy the analysis, ignore the advice
Piketty's commitment to rational informed debate is laudable, but his remedies for inequality are not
Insider War Trading
Banking and the First World War
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"
A tripod in the sky
The view from above