India GDP growth is one-third statistical illusion

June 5, 2015

Official data have become utterly unreliable. A Breakingviews analysis of corporate and consumer behaviour suggests growth is now closer to 5 percent than the 7.5 percent claimed by the authorities. Investors are quite right to be upset by half-hearted monetary easing.

Review: Brazil’s toughest tests lie off the pitch

May 16, 2014

Protesters at this year’s football World Cup have much to bemoan, says Michael Reid in a new book. Brazil taxes and spends like a European country with “distinctly Latin American” results. Worse, a pensions crisis looms. Reid’s case for cutting back the state is compelling.

Review: Lessons for the poor from English history

October 5, 2012

Mack Ott shows how the nation became fit for economic growth by developing the rule of law, property rights, a middle class, civil society and free institutions. He argues, for the most part persuasively, that the English experience offers lessons to today’s would-be wealthy.