The economics of the awokening

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

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

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

“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

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

IT MAY BE 2026, BUT MANY HARD-WON RIGHTS FOR WOMEN ARE UNDER THREAT. WE ASK GROUNDBREAKING ACTIVISTS, STORYTELLERS AND A NOBEL PEACE PRIZE WINNER HOW TO MAINTAIN HOPE AND EFFECT CHANGE, EVEN WHEN THE WAY FORWARD IS UNCLEAR