Spare a Thought for Bubble Wrap

Comparing Christmas today with Christmases past, David Waugh and Laura Williams eloquently explain that we ordinary Americans in 2022 are far wealthier than were ordinary Americans of just a few decades ago. We are fortunate indeed to live where and when we do! But evidence of our enormous prosperity, and of its source, is found […]

Global economy is heading into a decade of low growth, economist says

The global economy likely faces a decade of sluggish growth, according to Daniel Lacalle, author and chief economist at Tressis Gestion. Economies around the world have been grappling with a multitude of shocks — from Russia’s invasion of Ukraine to China’s persistent zero-Covid measures — that have sent inflation soaring and weakened activity. The International […]

America knows best – Econlib

Americans are really good at telling other countries what to do, how to run their affairs. For the past year, lots of American pundits have been ridiculing China’s Zero Covid policy. (I am one of those pundits.). There’s a general view that it’s long past time to move beyond Covid, to get back to normal. […]

FirstFT: New Covid restrictions on travellers from China

Good morning. This article is an on-site version of our FirstFT newsletter. Sign up to our Asia, Europe/Africa or Americas edition to get it sent straight to your inbox every weekday morning The US said it would require negative Covid-19 tests for air passengers travelling from China as countries rushed to impose restrictions after the […]