The financial logic behind HS2 is collapsing. It’s time to pull the plug
No one is in any doubt about the problem facing Britain’s railways. Over the past decade, rail fares have risen…
Leo Varadkar has done his absolute best to damage Brexit
How did we get into this Brexit mess? Why is it proving so difficult to leave the EU? Was it…
Ten years on: the world the crash made
With September marking a decade since the Lehman Brothers implosion, stand by for a slew of economic retrospectives. Any meaningful…
Interview: Meet Mariana Mazzucato, big-state capitalism’s new champion
‘It was Plato who said storytellers rule the world,’ observes Mariana Mazzucato, her powerful voice tempered with a beaming smile,…
This is the stock market crash we needed
Since the crash ten years ago, stock markets the world over have been steadily recovering. The Dow Jones, a bellwether…
No deal is a good deal
So Theresa May and Jean-Claude Juncker enjoyed a ‘broad and constructive exchange’ during their working dinner in Brussels. Last time…
The low tricks of high finance: how greedy bankers, weak politicians and timid journalists could cause a new crash
It amazes me, simply amazes me, that journalists aren’t all over these stories. Doesn’t it amaze you too?’ I’m in…
‘The problem isn’t that we’ve been slaves to free markets’: Joseph Stiglitz interview
‘How do you feel when you go back to Gary?’ I ask Joe Stiglitz. ‘Well, frankly, I get depressed,’ he…
The subversive wonders of Kilkenomics – where economics meets stand-up
‘What is a Minsky moment, anyway?’ asks Gerry Stembridge, an Irish satirist. ‘I’ve been reading about them in the papers…
Europe will reconcile with Russia, and soon. It can’t afford not to
After months of escalating tensions over Ukraine and talk of a new cold war, Russia and the West could soon…
The warning signs of a new credit crunch
When I think about global stock markets these days, the image that springs to mind is the final scene of…
The revolution the West needs (and won't get)
The western world is a mess. The ‘advanced’ economies are failing to generate higher living standards for the majority of…
Michael Lewis vs Wall Street's new predators
‘The US stock market is rigged.’ That’s the j’accuse headline that screams out from Flash Boys, the new book by Michael…
Putin is making the West's Cold Warriors look like fools
William Hague was on rather shaky ground when he argued this week that Moscow has chosen ‘the route to isolation’…
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