Why the G7 agreement on a global corporate tax rate is a defining moment
Joe Biden has halted the “race to the bottom” that has prevailed since the free-market revolution of the 1980s.
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Economics
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Economics
Will Joe Biden’s push for a global minimum corporate tax rate succeed?
If the world's most advanced economies don’t match rhetoric on tax with action, their credibility will be damaged.
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Why inflation fears are overblown and misplaced
Wage rises and mild inflation, after decades of stagnant real pay and deflationary pressure, would be no bad thing.
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The awkward truth about why social mobility is lower today
The grim reality is that there are fewer good jobs for young people to move into than in the postwar decades. …
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UK forecast to suffer the worst economic scarring of any G7 country
Joe Biden’s stimulus plan means the US economy is predicted to be larger than expected before Covid-19, while Britain suffers long-term…
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Why should the indebted young fear inflation?
After a decade of stagnant living standards, a new era of spiralling wage claims might look rather attractive.
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The rise of the new Toryism
Insecurity is the mood of the time – and the Conservative Party has adapted to it.
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Michael Lewis on the arenas of American ambition
The financial journalist's usual subjects are power, competition and system failure. In his new book, the author of The Big…
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