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Britain is losing the economic Olympics
As London prepares for another display of British pageantry and good humor to match the unlikely triumph of last month’s rain-sodden Royal Jubilee, a less impressive aspect of Britain’s stoical “stiff...
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Is the current market optimism justified?
The U.S. economy has just suffered its first contraction since 2009, consumer confidence has plunged since November’s election and Americans’ paychecks are only just starting to reflect an increase in...
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The takeaway from six years of economic troubles? Keynes was right.
By Anatole Kaletsky Now that the Federal Reserve has brought its program of quantitative easing to a successful conclusion, while the French and German governments have ended their shadow-boxing over...
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Stock markets set to take off as Europe, Asia abandon austerity
By Anatole Kaletsky The Great Divergence is a term coined by economic historians to explain the sudden acceleration of growth and technology in Europe from the 16th century onward, while other...
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Ukraine’s frozen war brings dramatic changes to world economy
By Anatole Kaletsky The “day of silence” observed this week by the Ukrainian army and its pro-Russian rebel opponents was an event of enormous economic importance for global economics as well as...
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