Late on October 8th President Donald Trump wrote on social media: “I am very proud to announce that Israel and Hamas have both signed off on the first phase of our peace plan.” Hamas, Israel and Qatar ...

All told, our estimates suggest that tariffs are adding around 0.3 percentage points to inflation. Employment has weakened, too, in tariff-exposed sectors such as manufacturing and retail; bosses ...

Until recently Yu Faxin was best known as a leading scientist and entrepreneur, specialising in advanced semiconductors for military applications. But on September 22nd he made headlines for another ...

After two years of ruinous fighting, 67,000 dead Gazans and an ongoing famine in Gaza city, everyone is desperate for the talks to succeed. Mr Trump sent his Middle East envoy, Steve Witkoff, and his ...

Rising receivables can disguise a business model under strain, however. Carillion, a building firm, collapsed in 2018, becoming Britain’s largest ever liquidation. Hedge funds had short-sold its stock ...

Most presidential hopefuls make hokey promises to fix the economy, heal divisions or restore America’s promise. Donald Trump offered something different. “For those who have been wronged and betrayed, ...

SAY “POLLINATORS” and most people will think “bees”. They are correct, for bees are the most important insects involved in pollinating flowers. Rather fewer, however, might guess that the second-most ...

Better than any other liberal, Tocqueville understood the importance of ensuring that the collective business of society is done as much as possible by the people themselves, through voluntary effort, ...

During the 1940s Karl Popper, Friedrich Hayek and Joseph Schumpeter, Viennese exiles all, offered a robust critique of totalitarianism and collectivism, advocating for liberal democracy and market ...

In 1944 Friedrich Hayek received a letter from a guest of the Claridge Hotel in Atlantic City, New Jersey. It congratulated the Austrian-born economist on his “grand” book, “The Road to Serfdom”, ...

The illiberal view of progress has a terrible record. Maximilien Robespierre, architect of the Terror, invoked Rousseau; Joseph Stalin and Mao Zedong invoked Marx; and Adolf Hitler invoked Nietzsche.

Using his thought experiment of adopting a “veil of ignorance”, John Rawls advocated for basic liberties and redistribution to benefit the least well-off. Robert Nozick opposed this view, arguing for ...