The hinge points of history

If time is money, money must be time. And time is life. So, the people who control the money must also control our time. Most people count their lives in time – in hours, weeks, months. Each one repre

If a foreign power – or aliens – wanted to wreck our economy, why waste time and money on firepower? All they would have to do is cut off our access to funny-money credit. Auto sales would stop. House

“All government leaders know what to do. They just don’t know how to get re-elected if they do it.” Jean-Claude Juncker, the former president of the European Commission, said little of note in his pol

Global markets and the new illiberalism

As expected, the US government shutdown came to an end in the customary way: both parties agreed to keep spending other people’s money. But do our leaders know what they are doing? And how much of wha

“Markets appear to have their mojo back,” says The New York Times Dealbook. Shares on Wall Street wobbled at the end of last week, with even strong results from AI chip champion Nvidia failing to calm