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For all the fleeting privatization attempts of the 1990s, governments, not private shareholders, now own the world’s 13 largest oil-and-gas firms and three-quarters of the world’s known oil reserves. Privately owned multinationals such as Exxon produce just ten percent of the world’s oil and hold…

In 1981, 61 per cent of Britons were living in what we would now call absolute poverty. Now the figure is 20 per cent: still too high, but lower than at any point in history. Since the Cold War ended, the global poverty rate has…

In 1981, 61 per cent of Britons were living in what we would now call absolute poverty. Now the figure is 20 per cent: still too high, but lower than at any point in history. Since the Cold War ended, the global poverty rate has…

The main reason why people end up in low-paid work was the subject of the third important report of the week, the OECD’s 2015 Programme for International Student Assessment (Pisa) about educational attainment. The UK’s position hasn’t changed much but it is conspicuous that we…

The main reason why people end up in low-paid work was the subject of the third important report of the week, the OECD’s 2015 Programme for International Student Assessment (Pisa) about educational attainment. The UK’s position hasn’t changed much but it is conspicuous that we…