Finance & economics

Keeping the flame alive
China’s last boomtowns show rapid growth is still possible
All it takes is for the state to work with the market


Buttonwood
Why investors are unwise to bet on elections
Turning a profit from political news is a lot harder than it looks

Heterodox thought
Revisiting the work of Donald Harris, father of Kamala
The combative Marxist economist focused on questions related to growth

Breaking the greenback
Donald Trump wants a weaker dollar. What are his options?
All come with their own drawbacks

China’s reserves
Why is Xi Jinping building secret commodity stockpiles?
Vast new holdings of grain, natural gas and oil suggest trouble ahead

War economy
How Vladimir Putin created a housing bubble
Prices have risen by 172% in Russia’s biggest cities over the past three years

Broken record
The rich world revolts against sky-high immigration
Moderates want to limit numbers. Radicals want mass deportations. What will be the economic consequence?


Results season
At last, Wall Street has something to cheer
Consumer banks, on the other hand, are starting to suffer

Free exchange
Americans are wrong to wish for an era of stable bipartisanship
Even though political instability is an economic threat

Buttonwood
Why investors have fallen in love with small American firms
The Russell 2000 puts in a historic performance