Book of the week

Why Personal Finance is Broken and How to Make it Work for Everyone John Y. Campbell and Tarun Ramadorai Princeton, £25 I n finance the theory has long been that people are rational agents able to mak

LETTERS

Did you know that Thomas Müntzer, leader of the German Peasants’ War in 1525, used a rainbow flag to rally his followers? It’s an aptly exuberant image for the radical charisma of Müntzer, and for the

“The difference between death and taxes is, death doesn’t get worse every time Congress meets.” The American actor and commentator Will Rogers didn’t have to wrestle with British Isas and pensions, bu

The stockmarket setback in 2022 was especially painful for investors in investment companies because many trusts also saw a sharp widening in their discount to net asset value (NAV). Starting from an

£50 Star letter