Stagnation? get used to it

It is nearly ten long years since the British people voted to leave the European Union. The latest opinion polls show that a majority now believe that Brexit has gone badly. Too much time has been was

“The old world is dying, and the new world struggles to be born: now is the time of monsters.” Antonio Gramsci’s words, written in prison near Bari almost 100 years ago, ring out to us now. The politi

Tom Ough The Anti-Catastrophe LeagueThe pioneers and visionaries on a questto save the world336pp. Mudlark. £22. David Spears and Michael Geruso After the SpikeThe risks of global depopulation and the

acton.org The “greatest prophets” of free-market capitalism “saw the trade-off from the beginning”, says Thomas Dias. Adam Smith’s famous pin factory showed the division of labour enables the producti

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

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