Essays

Why the New Deal Matters: a review

Political historian Eric Rauchway argues for the continued relevance of the New Deal as a symbol of the capacity of democratic states to restore confidence in times of crisis

The Poets’ Guide to Economics

John Ramsden’s new book takes an engaging look at what poets from Daniel Defoe to Ezra Pound have had to say about ‘the dismal science’

Simple But Not Easy: a second edition of a cult investment classic

A new edition of Richard Oldfield’s popular guide to investment continues to fly the flag for active management and the value style

A World After Liberalism

In the light of the Ukraine invasion an excursion into politics to look at a new book delving into the intellectual roots of today’s conservative nationalist movements

Making the case for long-term value investing – again

A new book by Jim Cullen, founder of New York-based Schafer Cullen Capital Management, restates the case for classic value investment principles

Share Power: a manifesto for giving control back to private investors

A new book by MoneyWeek editor Merryn Somerset Webb argues we can assert agency over companies through truly representative share ownership

Ending Fossil Fuels: Why Net Zero is Not Enough

A new book by Holly Jean Buck exposes the common assumption that a commitment to net zero implies a commitment to end the fossil fuel industry. Is another way possible?

Adapting the Efficient Market Hypothesis

Theories of efficient markets mislead because they seek to explain market behaviour according to the laws of physics rather than biology, says Adaptive Market Hypothesis proponent Andrew Lo

Trillions: a history of the rise and rise of passive investment

A new book by Financial Times journalist Robin Wigglesworth surveys the history of index funds and considers their increasingly significant implications for the global economy