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Bill Ackman provides a lesson in activist investing
As with every skirmish in America’s culture wars, how you view the ousting of Harvard University’s president has much to do with where...
Will spiking shipping costs cause inflation to surge?
Disruption in the Suez and Panama canals is prompting concern
A guide to the Chinese Communist Party’s economic jargon
A new Communist Party slogan was born on January 9th. The phrase, which appeared on the front page of the People’s Daily, a...
Has Team Transitory really won America’s inflation debate?
In late 2021 Jerome Powell, chairman of the Federal Reserve, called for the retirement of “transitory” as a description for the inflation afflicting...
Xi Jinping risks setting off another trade war
China’s leaders are obsessed with lithium-ion batteries, electric cars and solar panels. These sorts of technologies will, Xi Jinping has proclaimed, become “pillars...
What happened to the artificial-intelligence investment boom?
Many economists believe that generative artificial intelligence (AI) is about to transform the global economy. A paper published last year by Ege Erdil...
Three surprises that could inflame commodity markets in 2024
What it would take for another bout of mayhem
American stocks loiter near an all-time high
It is the first trading day of the year. The stockmarket opens a whisker away from an all-time high. American equities have soared...
Robert Solow was an intellectual giant
Ensconced in a lorry, hidden from the enemy by the brow of a hill, the young Robert Solow decoded the radio signals of...
Has America really escaped inflation?
The country’s extraordinary economic vigour keeps the threat alive
