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.

Crypto 1.0 has burst, but don't draw the wrong conclusions.

Olaf Scholz' visit to China is most notable for its desperation - the attempt to cling on to an industrial past

Western proxy wars against Russia and China and the war to limit greenhouse gas emissions cannot be all be won simultaneously.

The US, China, Germany, the UK and Russia have one thing in common: they all need a new economic model.

The Tories have a lost more than their credibility. They may have lost Brexit.

Vladimir Putin is more likely to hit a nuclear power station or trigger a dirty bomb than a order the use of a tactical nuclear weapon.

The biggest danger to European integration are old stories we believe in and that do not stand the test of time.