Economics

Why extravagant things don’t have to feel expensive

20 July 2019 9:00 am

‘Suppose you bought a case of claret a few years ago for £20 a bottle. It now sells at auction…

John McDonnell’s right – the four-day week could work

27 October 2018 9:00 am

Most people were scandalised by John McDonnell’s proposal to promote a four-day working week. But before we get incensed about…

Interview: Meet Mariana Mazzucato, big-state capitalism’s new champion

28 April 2018 9:00 am

‘It was Plato who said storytellers rule the world,’ observes Mariana Mazzucato, her powerful voice tempered with a beaming smile,…

Letters

14 October 2017 9:00 am

Let’s talk about guns Sir: I was surprised that the cover stories on the recent shootings in Las Vegas (‘Say…

What stopped Stoppard?

29 July 2017 9:00 am

Two programmes this week presented two radically different world views, or rather ways of life. Aditya Chakrabortty’s series for Radio…

Warning: rationality could be bad for your health

21 May 2016 9:00 am

Almost every popular commercial product owes its success to two different qualities. First, it does the job it is ostensibly…

Why the Spanish may be better off without a government

30 April 2016 9:00 am

On 26 October last year, the Spanish government shut up shop in preparation for a general election. This duly took…

Warning: the FTSE100 isn’t out of the woods just yet

23 April 2016 9:00 am

When the FTSE100 fell close to 5,500 in February, we all said ‘Mr Bear is back’. On Tuesday the index…

What makes Argos worth £1.4 billion? I reckon I know

9 April 2016 9:00 am

When I was at school in the 1970s, some of the richer kids would come back from their summer holidays…

It’s not the Corbynites who are in denial – it’s the Labour moderates

19 March 2016 9:00 am

It has become commonplace to remark that there exists in Britain a mainstream political grouping that seems to be dwelling…

Who killed murder?

19 March 2016 9:00 am

Pity the poor crime writers. Our earnings, like those of all authors, are diminishing for reasons far beyond our control.…

France can’t build its own new nuclear power stations, let alone ours

6 February 2016 9:00 am

Amid all the turmoil in global energy markets, we should not lose sight of the UK power programme that we’re…

The one thing most people think they know about economics is wrong

16 January 2016 9:00 am

Some things are universally accepted as true. Water finds its own level; crumpets are best eaten in winter; and the…

If the world economy crashes again, blame the central bankers

14 November 2015 9:00 am

Like the Christmas pudding sampled by Hercule Poirot at Kings Lacey — but six weeks early — our Spectator Money…

John McDonnell’s true economic guru: the emperor Nero

10 October 2015 9:00 am

John McDonnell, shadow chancellor in the Corbynite splinter-group, has announced that £120 billion is waiting to be reclaimed from tax…

The good economic news that we forgot in the China panic

5 September 2015 9:00 am

Home from the hot Aegean, huddled by the fire as rain ruins the bank holiday weekend, I’m thinking: what gloom…

Sorry, but I can’t join in the China panic (especially not while I’m on a cruise)

29 August 2015 9:00 am

 MS Queen Victoria, 38°N 19°E I’ll do my best, but I’ve got to be honest: being surrounded by shining Ionian…

Paul Mason's Postcapitalism is proof that the left is out of ideas

1 August 2015 9:00 am

The literary emissions of the left are hardly ever enjoyable, but they can be instructive. Last year Thomas Piketty’s Capital…

How British universities spread misery around the world

25 July 2015 9:00 am

So farewell, Yanis Varoufakis. You used to be Greece’s finance minister. Then you resigned, or were you sacked? You took…

Osborne’s false prophet: why Jim O’Neill will never deliver a ‘northern powerhouse’

4 July 2015 9:00 am

For the final three years of his 18-year career at Goldman Sachs, Jim O’Neill, the Treasury’s new commercial secretary with…

A better way to be charitable: just give money

4 July 2015 9:00 am

Seven years ago I wrote here about a site called Kiva.org. I had met the co-founder of this charity when…

The dinner where laissez-faire banking died

20 June 2015 9:00 am

Last week’s deadline did not allow me to report from ringside at the Mansion House dinner, but there was so…

The trick that makes self-checkouts almost tolerable

20 June 2015 9:00 am

I spent the last few days in Deal and Folkestone with Professor Richard Thaler at Nudgestock, Ogilvy’s seaside festival of…

Jonathan Portes, master of the political correction

13 June 2015 9:00 am

It used to be that the most annoying thing in academic life was political correctness. But a new irritant now…

‘The problem isn’t that we’ve been slaves to free markets’: Joseph Stiglitz interview

30 May 2015 9:00 am

‘How do you feel when you go back to Gary?’ I ask Joe Stiglitz. ‘Well, frankly, I get depressed,’ he…