Globalisation is working
Contrary to Robert Wade's arguments last month, countries that open up their economies tend to prosper. We need to help more of them reap globalisation's benefits
Globalisation isn’t working
The era of liberal globalisation has produced surprisingly poor economic results. Global growth is stagnating, and without the dramatic advance of China, poverty and inequality between countries would be growing sharply too
A Brummie’s lament
The Birmingham council estate I grew up on has just elected its first BNP councillor. The working-class defensiveness and isolation I fought so hard to escape are alive and well
The angry east end
The postwar working class felt betrayed by immigration and new welfare rules
Turner gets it right on pensions
The Turner pensions commission rightly considers greater longevity not as a problem but as part of the solution. Its recommendations of a higher state pension with less means-testing, paid for by later retirement and more saving are right too
Perpetuum mobile?
Social mobility does not work as most people imagine, and it's hard to do much about it
Status anxieties
We tend to assume that inequality in affluent societies is a sign of economic health and social vigour. But the evidence suggests that it makes us sick
Too much credit
Labour has overpaid poor families by £2 billion, but this is no cause for celebration
The captured state
Elites in the Asian tiger countries run the state in the public interest. In most of Africa, elites run the state in their own interests. Matthew Lockwood has written the best Africa book this year
In praise of debt
There are sound reasons for countries to incur debt. Relief is not always helpful
New model welfare
Britain is developing a new Anglo-social model, liberal but social too
The return of philanthropy
In the past 20 years, the number of very rich people in Britain has risen sharply and tax incentives for giving are now similar to America's. But Britain does not yet have a US-style culture of giving, and mixing public…