Nicholas Wapshott

The surprise success of Thomas Piketty

By Nicholas Wapshott
April 30, 2014

The surprise success of the French economist Thomas Piketty’s income disparity blockbuster Capital in the 21st Century has forced battlelines to be drawn in the world of political economics.

Putin learning what U.S. didn’t

By Nicholas Wapshott
April 23, 2014

After America’s ignominious defeat and hurried departure from Vietnam in 1973 — when the world’s richest and mightiest nation was humbled by the stolid determination of ill-equipped, ideologically inspired peasants — it was generally assumed the United States would not wage war again until the lessons of the Viet Cong victory were taken to heart.

Yellen shows her hand

By Nicholas Wapshott
April 19, 2014

The difference between the Federal Reserve Board of Chairwoman Janet Yellen and that of her immediate predecessor Ben Bernanke is becoming clear. No more so than in their approach to the problem of joblessness.

The EU-U.S. love-hate relationship

By Nicholas Wapshott
April 11, 2014

The elaborate gavotte between the American and European economies continues.

While the Federal Reserve has begun to wind down its controversial quantitative easing (QE) program, the European Central Bank (ECB) the federal reserve of the eurozone, has announced it is considering a QE program of its own.

Crimea: Too small to matter

By Nicholas Wapshott
April 1, 2014

Crimea is permanently lost to Russia.

That is implicit in President Barack Obama’s remarks about where the Ukraine crisis heads next; the terms of the Paris talks between Secretary of State John Kerry and the Russian Foreign Minister Sergey Lavrov, and the West’s rejection of military action to hurl back the occupying Russian forces.