Inequality in the United States

According to the Guardian Weekly (November 11th) the world’s 1,542 billionaires increased their wealth this year by 17% to $6tn, a return impossible to get on most stock markets and rather a distance from the average interest income of 0.35% offered normal people by normal banks. The IMF has told western governments to increase taxes …

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Should Epicureans approve of cannabis?

Brendan O’Neill is perhaps one of my least favourite British columnists. I disagree with him on almost everything, from Brexit to student politics and the populist right. But his article this week is really interesting. O’Neill laments the effect of legalised cannabis on the culture of Los Angeles. He decries how it has become all …

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A looming disaster

A “disorderly Brexit” is now seen as “almost inevitable” by the world’s biggest banks. That, at any rate, was the gist of the observations sent to the Chancellor by the City of London Corporation’s Catherine McGuinness, after days of meetings with Wall Street bosses and Washington policy wonks. With continued access to the single market …

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