The solace that the European establishment is drawing from the election of Emmanuel Macron as French president should not disguise the fact that the political extremes are still gaining ground in Europe – and the centre is still fragmenting. But Gideon Rachman argues that for all the tension around slow eurozone growth, security and migration, European voters have nevertheless demonstrated more resilience and calm than many pundits and politicians anticipated
China is tightening liquidity, commodities have fallen, oil is volatile. So why is Goldman Sachs’ Kamakshya Trivedi upbeat about emerging market currencies? It’s all about current account balances, inflation, very good trade data and a shift in political risk, he tells Roger Blitz
There are big expectations for France’s new ‘rock star’ president, who has promised to overhaul politics in the country. Gideon Rachman asks Ben Hall and Anne-Sylvaine Chassany what his first priorities will be.
Historian and biographer Jeremy Adelman joins Cardiff Garcia to survey the life and philosophy of economist Albert O. Hirschman, from his work on development economics to “The Passions and the Interests”, his book about the forgotten intellectual history behind the emergence of capitalism.
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