Can governments still steer the economy?
In 1969, the British financial journalist Samuel Brittan published a book called Steering the Economy: The Role of the Treasury. At the time, it was still widely assumed that the United Kingdom’s...
Think twice before sanctioning Russia further
The West has imposed massive financial and economic sanctions on Russia in response to its war in Ukraine. But are the sanctions supposed to be a way to end the war? Are they a means of punishing...
Are crises pressure points for improvement?
In her dystopian 2003 novel Oryx and Crake, Margaret Atwood describes a pill called BlyssPluss that will make everyone happy and eliminate disease. But widespread use of the pill would hit...