On his first day in office as Britain’s prime minister, Boris Johnson declared that “I am announcing now — on the steps of Downing Street — that we will fix the crisis in social care once and for all with a clear plan we have prepared to give every older…

Forty years ago, it was widely assumed that high interest rates were the only responsible policy to deal with the economic problems of the day. Now it is widely assumed that only low interest rates can suffice. Clearly the decline of high inflation has played a large part in this…

It has been portrayed as the revenge of the underdog, of Main Street getting one over on Wall Street. The saga of Gamestop, a video game retailer, has been all over the news in recent days, thanks to its incredible share price surge.

As the company’s annual report makes clear…

The President is an agent of international communism. Elites are surrendering American sovereignty to the United Nations. Foreign troops are massing in Mexico, and the Georgia swamps, prior to a takeover of the US.

Those rumours sound contemporary but they are not. They were circulating in the late 1950s, when…

Some call it the “culture war”. Others refer to identity politics. But the language we use and even, in a specific instance, the clothes we wear, identify which “tribe” people belong to. …

It seemed to take forever but it has finally been confirmed that Donald Trump has lost the Presidency and Joe Biden has been elected. The result was rather closer than pollsters expected and took far longer than seems sensible for the world’s most powerful nation.

But it is worth reflecting…

CONSIDER THE attributes of the ideal modern manager. Such a boss would consider a wide range of factors before making a decision. He or she would earn the loyalty of their staff by treating them fairly, and listening to their views. Good managers do not seek to take all the…

Steve Bannon, the former political adviser to Donald Trump, regularly portrayed himself as a crusader against an “out-of-touch, cosmopolitan, liberal elite”.

Thirty years ago, these financial truths would have been seen as self-evident. First, profligate governments pay a price in terms of higher borrowing costs. Second, the magic combination of economic policy would be to keep both inflation and unemployment low; that would keep the voters happy.

But here we are…

The Greek tourism minister appeared on the BBC’s Today programme, saying that he hoped Britons would visit his country this summer. But at the same time he suggested that social distancing rules would need to be observed, for example by separating beach chairs.

But it doesn’t take much thought to…

Philip Coggan

Economist columnist, opinions generally my own, typos always my fault. Author of Paper Promises, The Last Vote and The Money Machine

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