“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

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

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 ...

“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

Controversy of the week