• white coupe on body of water near bridge

    Welcome to the 1970s

    Perhaps the most urgent task is to realise that demand-side stimulus cannot fix supply shocks. Ultimately, it took policymakers most of the 1970s to finally realise that. [...]
  • beige analog compass

    The West is back

    Putin’s war on Ukraine, and Zelensky’s heroism, force us all to take a stand. It leaves no room for neutrality, even if dressed up as an independent foreign policy. [...]
  • saint basil cathedral on red square at new year night

    No excuse for being Russian

    Targeting Putin and his supporters makes much sense. But demonising Russian culture more broadly is stupid, not least because it pushes Russians into line with the dictator. [...]

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