Why us deficits can’t be cut

Some good news for the US economy. The Federal deficit shrank for the fourth month in a row. Employment is picking up. The economy is booming. The Fox News team is comfortably convinced that when the

One of the least financially literate people I have ever met was a friend who as a teenager accumulated an unarranged overdraft of £50 on her newly opened bank account. Having been told she must recti

paulkrugman.substack.com America’s oligarchs have orchestrated an “unprecedented power grab”, says Paul Krugman. Ever since the Supreme Court’s “Citizens United” ruling, which removed all restrictions

“Authoritarian politics and military aggression are a dangerous mix,” says Ben Rhodes in The New York Times. The decision to wage war on Iran was made by Donald Trump with “no legal basis, little publ

Issue of the week: the oil and gas ...

Professor Lawrence Freedman explains why NATO’s future and the island’s fate are secure despite heightening tensions above the Arctic Circle