“Japan has been the world's financial shock absorber for a generation,” says Nigel Green of deVere Group. No longer. Two decades of ultra-low interest rates have pushed Japanese investors overseas in

Issue of the week: currency gyrations The “debasement ...

Ray Madoff The Second EstateHow the tax code made an Americanaristocracy192pp. Chicago University Press. £19 (US$25). Vanessa S. Williamson The Price of Democracy The revolutionary power of taxation i

The US dollar has slid to a four-year-low. The dollar index, which tracks the greenback against a basket of major trading partners’ currencies, has dropped 12% since the start of 2025. Sterling now bu

Goldbugs are not ideal dinner guests. They are rarely in a particularly cheery mood: one pro-gold article I recall from the optimistic 2000s was entitled We’re freaking doomed, dude. That conjures up

Want a better military? Gotta raise taxes Henry ...