Oiling the Wheels

Posted on by Tom Fleming

Across four hundred pages of wit, cynicism and dark humour, two lines in Rachel Maddow’s second book, Blowout, stand out. They just so happen to be on the same page. As Maddow, an Emmy Award-winning MSNBC host, outlines the curse that has seen corruption and poor governance blight developing countries endowed with resource wealth, she […]

Feed the World

Posted on by Tom Fleming

The vast majority of the world’s hungry are farmers. In a world of such ironies, many turn to faith or fate to explain affliction and its consequences. The mothers Martín Caparrós interviews don’t know why their children are ill, but they don’t believe it’s because they are not feeding them. They

Time to Nationalise Northanger Abbey?

Posted on by David Gelber

Relatively few economists use Balzac and Austen as primary sources. Thomas Piketty is an exception. In his discussion of income and wealth inequality in 19th-century France, he points to the story of Père Goriot as an example of wealth accumulation and decumulation. Having made a small fortune in the pasta trade, Goriot lost

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RLF - March