Noel Malcolm's magisterial new edition of Hobbes's Leviathan is a fine example of why, in the 21st century, scholarship still matters

Paradoxically, what is lost in the translation of Leviathan from English to Latin, reveals the real meaning of Hobbes's most quoted passage

'Capitalism renews itself incessantly: it has survived wars and revolutions, booms and busts, depressions and inflations. As long as the West does not renounce capitalism, its long-term prosperity is secure'