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Where do we go from here?
The markets have ruled for a third of a century, but it has all ended in tears. A return to selfish nationalism is possible. If we are to avoid this sombre outcome, we must find ways to rub the rough edges off globalisation
Keynes is back
Keynes fell from favour because he didn’t believe in iron laws that predicted human behaviour. Now he looks prescient
Joseph Schumpeter
The theorist of “creative destruction,” one of the greatest economists of the 20th century, was no stranger to violent disruption in his personal life, as a new biography reveals
Putin’s patrimony
Russia’s economy is more dependent on natural resources than in Soviet times. This “oil curse” means a brittle economy and an unstable political system based on the fusion of power and property. Watch out for the coming Putin succession crisis
Subject: Europe, Science & technologyPutin’s patrimony
Russia’s economy is more dependent on natural resources than in Soviet times. This “oil curse” means a brittle economy and an unstable political system based on the fusion of power and property. Watch out for the coming Putin succession crisis.
John Bull’s small ideas
Stefan Collini wittily refutes the claim that Britain has lacked intellectuals. But British culture has been inhospitable to the discussion of general ideas
Subject: Books & literatureA Chinese homecoming
A railway contract brought my Russian family to Manchuria 110 years ago. Now that China’s European past is unfreezing, I am welcomed back like a long-lost son to my birthplace, Harbin
Subject: Books & literature, East & Southeast Asia, History & heritage, LifestyleThe just war tradition
State sovereignty is fragmenting but world government is still far off. Neither the UN charter, designed to protect member states from aggression, nor the new US doctrine of preventative war can address the challenges of a globalising world. The “just war” tradition provides a sounder moral base
Subject: East & Southeast Asia, International politicsThe American contract
Nothing solid has taken the place of the retreating doctrine of national sovereignty. How can the US be brought back into the international fold?
Subject: International politics, North America









