What is the future of liberalism? Timothy Garton Ash outlines the threats to liberal democracy and how it can renew itself in a post-Trump age. Lionel Barber presents an authoritative institutional portrait of the Treasury and Cal Flyn makes the case for a different kind of climate writing.
Like generals fighting the last war, central bankers and politicians have seen inflation as the enemy of prosperity. In fact, we are suffering from a lack of demand caused by profits outstripping wages in a world of excess labour