With inflation - as with Brexit - policy advocacy of the left no longer works for the constituency of the left

The west is at risk of winning the battle over Ukraine, but losing the bigger confrontation against China.

The dollar is the unchallenged global currency, for good reason. There are circumstances where that might change.

Europe's centrist parties have entered a period of secular decline.

Europe cannot afford to align itself with the US on China. It would be economic catastrophic, and politically unsustainable.

Germany has taken over the UK's role as the leader of the EU's awkward squad

The eurozone's next debt crisis is more likely to be a German than an Italian one.

There are three parallels to the 1970s, but one crucial difference that swings the balance.

The fundamental weakness of the western position is lack of an agreed war goal in Ukraine. This will come to haunt us.

While Giorgia Meloni claims she wants her country to stay in the eurozone, its deep economic problems might pull her in another direction.

The EU has changed since Brexit. For those in the UK who wanted to rejoin, this poses big problems.

The trade figures don't tell us the whole story. De-globalisation is happening because geopolitics is intruding.

Rishi Sunak should not make promises about inflation. There is no scenario in which it works for him politically.

Despite the U-turn on the Leopard 2 battle tanks, Olaf Scholz will continue to play the same, reluctant role in the western alliance as he did before.

Macroeconomics is in decline - both as an academic discipline, and as a power behind political decisions.

Germany's economic policy of the last decade holds an important lesson: that the unsustainable does not become sustainable all by itself

Rejoin should not start where Remain stopped. Here is my advice on how to get a new campaign started.

About cognitive biases and fallacies and how to fight them

The EU is confused about strategic autonomy, because the concept is alien to its political culture. Here is what it would take

Liz Truss and Kwasi Kwarteng went overboard in ignoring the markets, but doing the very opposite is the bigger error.