Edward Hadas: The limits of the sharing economy

October 7, 2015

The U.N. and the Pope have an agenda for a more prosperous and peaceful world, but politics and societies are built on much smaller scales. The ideal of solidarity can bridge the gap. Some companies are on the right path. The next step could be to globalise the welfare state.

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.