France’s fiscal incontinence

“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

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 ...

Gabriel Zucman has been dubbed that rarest of things: a “rock-star economist”. Having trained under the last Frenchman to receive this label—Thomas Piketty—the 39-year-old has become a global expert o

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