Basic income is becoming a real and tangible policy consideration in India. In the past decade, many prominent Indian economists have put forward proposals for how a basic income could resolve the country’s chronic and widespread poverty. Several pilots have already taken place at the national and state levels. In 2017, the concept of a […]

The UK’s General Election is more about class than at any time since 1945. Yet few want to say so. The media focus on the characters of the leaders and posturing on Brexit. But as in other countries, the election is really about the crisis in the Global Transformation, the point at which the inequalities […]

Thinking about why the celebrations to mark the 30th anniversary of the fall of the Berlin Wall seemed so inadequate, I remembered a story told to me over lunch 20 years ago by a British spy, who I shall call Jim. In the aftermath of the fall of the Berlin Wall and the unification of […]

This article is part of ourEconomy's 'Decolonising the economy' series. Who does economic policy work for? The IMF, World Bank, Bloomberg, and Financial Times, alongside big investment banks such as Morgan Stanley, are celebrating Egypt’s economic success. As the Chief Global Strategist at Morgan Stanley declared last August, Egypt witnessed “the best reform story in […]

Emma Watson’s book fairy gig has gone international! The Harry Potter alum spent Wednesday distributing copies of Maya Angelou’s autobiography, Mom & Me & Mom ($13; amazon.com) around the New York City subway system as part of a collaboration between her global feminist book club, Our Shared Shelf, and the Books on the Underground project. […]

Scuderia Ferrari boss Mattia Binotto says the Italian outfit will introduce a series of small updates on its SF90 for next weekend’s French Grand Prix. Ferrari has yet to secure a win in 2019, although the red squad and Sebastian Vettel were only deprived of a triumph in Canada last time out by the vagaries […]

Sir Frank Williams celebrates his 50 years in F1 at Silverstone, but the legendary team principal will have a more pressing matter on his mind this weekend. Sir Frank will be once again on active duty in his team’s garage for the British Grand Prix, supporting the Grove-based outfit at its home race during perhaps […]

Pirelli disclosed the teams’ tyre selections for next week’s British Grand Prix, with Renault leading the field in terms of opting for the most aggressive approach. Daniel Ricciardo and Nico Hulkenberg, the French outfit’s drivers, will each stockpile 10 sets of the red-rimmed C3 soft tyre at Silverstone. However, Renault’s choice to privilege the softs […]

FIA race director Michael Masi says the controversial ‘drag strip’ run-off area at Hockenheim that was heavily criticized by Charles Leclerc after Sunday’s German Grand Prix “looked fine”. The area, located between turns 15 and 16, is part of the track’s drag strip but acts as a natural run-off zone for normal races. Several drivers […]

New McLaren team principal Andreas Seidl says it’s hard to see new manufacturers coming into Formula 1 with the new technical and sporting rules being discussed for 2021. In recent years F1 has been trying to attract new companies such as Aston Martin, Audi or Volkswagen into the sport. But only Honda has actually taken […]