John Lanchester's lesson in financial literacy is blighted by his contempt

'The Great Recession of 2008 knocked many assumptions but it knocked the assumptions of the young worst of all'

‘There is a much better way of reducing the deficit than austerity: get the economy to grow'

Europe was the great engine of invention in the 19th century, the US in the 20th. But can they keep up with their 21st century competito?

Has the fashionable French economist thought through his radical proposals? Crunch the numbers and you see the damage they'd do

‘Yes, net mortgage debt has increased in the last few years. But no, reports of a boom are unjustified and wrong'

A perfect book for anyone suffering from a surfeit of Thomas Piketty

"Most people in the West still cling to the view that freedom generates economic growth—but what happens if this is demonstrably no longer the case?"

Piketty's commitment to rational informed debate is laudable, but his remedies for inequality are not

Banking and the First World War