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The one economic indicator that never stops rising: meet the Negroni Index

Plus: The perverse effects of capping bankers’ bonuses, and the BBC’s dangerous disdain for capitalism

25 October 2014

9:00 AM

25 October 2014

9:00 AM

This dispatch comes to you from Venice — where I arrived at sunset on the Orient Express. More of that journey on another occasion, I hope. Suffice to say that if you happen to have been wrestling with the moral choice of bequeathing what’s left of your tax-bitten wealth to ungrateful offspring or spending it on yourself, don’t hesitate to invest in a last fling on this time capsule of elegant extravagance.

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