Finance & economics
Yes, please
YIMBY cities show how to build homes and contain rents
But to take full advantage of deregulation, Austin and Auckland need other changes
Matadors gather
Stocks are on an astonishing run. Yet threats lurk
We assess what could bring the bull market to an end
Sour spot
China’s leaders face miserable economic-growth figures
Reality intruded at the “third plenum”, intended to discuss long-term reforms
Free exchange
Xi Jinping really is unshakeably committed to the private sector
He balances that with being unshakeably committed to state-owned enterprises, too
Buttonwood
The dangerous rise of pension nationalism
Pursuing domestic investment at the expense of returns is reckless
Retaliate, negotiate, repeat
Europe prepares for a mighty trade war
Will it be able to stick to its rule-abiding principles?
On the money
Betting markets are useful when politics is chaotic
Why, then, are they largely outlawed in America?
Halting his charge
Trumponomics would not be as bad as most expect
Opposition would come from all angles
Good cop, bad cop
How strongmen abuse tools for fighting financial crime
They can get Western governments and banks to crack down on exiled dissidents
Disappearing act
Why Chinese banks are now vanishing
The state is struggling to deal with troubled institutions
Free exchange
How much cash should be removed from the financial system?
Undoing quantitative easing provokes fierce debate