Reforms to limit debt accumulation seemed to have worked—in the countries lucky enough to have enacted them
Since 1913, even default has been more common
Immigration only defers the problem. Higher productivity means higher interest rates
The consequences will be profound, argues Henry Curr
Ageing workers are doing better than expected. But they still demand handouts
Interest rates and growth define the threshold for danger
Our daily political update, featuring the stories that matter
Also on the daily podcast: luxury travel is thriving and remembering film star Claudia Cardinale
A handpicked article read aloud from the latest issue of The Economist
Xi Jinping’s bet that dramatic escalation is the way to win a trade war
Forget fine wine, great art and glitzy mansions. There are finer things in life
As he arrives in the region Hamas gunmen try to retake control