There is good news and bad news about the prospects for the UK economy. First, the good news. The UK’s problems are relatively easily solved. A lot of money is pointlessly being thrown down the drain

The histories of the UK and Argentina are closely linked, with the relationship often marked by irony. The staff bar at the British embassy in Buenos Aires (BA) is called The Hand of God, and Argentin

For many years, Hugo Young’s This Blessed Plot (1998) was seen as the authoritative account of Britain’s semi-detached relationship with the European Union, as it had then recently become. This was a

Whingeing about the appalling state of things has become the national pastime. And for good reason. A lot has gone wrong in living memory. Nothing works well – if it works at all. You pull a lever and

A liberal thinker about the American century

“The failure of economists to forecast recessions is virtually unblemished,” notes Prakash Loungani, assistant director at the International Monetary Fund (IMF). This includes the economists at the IM