“GDP numbers insist we are doing well, at a time when half the country is suffering from personal recessions. The world’s most… — Edward Luce Time Copy Share Image
“The new economy requires consumers with spending power – just as the old one did. Yet much like the farmer who eats… — Edward Luce Economics Copy Share Image
“According to one Harvard study, more students attended America’s elite universities from the top 1 per cent of income backgrounds than from… — Edward Luce Education Copy Share Image
“In 1970 only about one in seven American families lived in neighbourhoods that were unambiguously ‘affluent’ or ‘poor’.40 By 2007 that number… — Edward Luce Family Copy Share Image
“The West’s median income, meanwhile, has barely shifted in the last half-century.” — Edward Luce Copy Share Image
“The meritocratic society has given way to a hereditary meritocracy. The children of the rich are overwhelmingly likely to stay rich.” — Edward Luce Children Copy Share Image
“The West’s global cities are like tropical islands surrounded by oceans of resentment.” — Edward Luce Resentment Copy Share Image
“For all the emphasis we place on our multicultural cities, they epitomise our oligarchic reality.” — Edward Luce Oligarchic Copy Share Image
“Brecht once said: ‘All power comes from the people. But where does it go?” — Edward Luce Brecht Copy Share Image
“History does not end. It is a timeless repetition of human folly and correction. It follows that there is no single model… — Edward Luce History Copy Share Image
“From barely a statistical rounding error in 1978, with less than 1 per cent of global trade, China rose to become in… — Edward Luce China Copy Share Image
“It is not just that people are staying physically put. They are also likelier to stay trapped in the same income group.… — Edward Luce Mobility Copy Share Image
“the murder rate has fallen by 16.7 per cent in the US cities since the turn of the century, while rising by… — Edward Luce Mirror image Copy Share Image
“Summers complained of ‘the development of stateless elites whose allegiance is to global economic success and their own prosperity rather than the… — Edward Luce Elites Copy Share Image
“He advised a new ‘responsible nationalism’, which would ‘begin from the idea that the basic responsibility of government is to maximize the… — Edward Luce Nationalism Copy Share Image
“the basic responsibility of government is to maximize the welfare of its citizens, not to pursue some abstract concept of the global… — Edward Luce Politics Copy Share Image
“In 2000, exactly a third of Americans described themselves as lower class, according to Gallup. By 2015 that number had risen to almost half.35” — Edward Luce Lower class Copy Share Image
“In 2011, Boris Johnson, then London’s mayor, saw the downside when the capital’s fringes went on the rampage for several days, smashing… — Edward Luce Europe Copy Share Image
“Europe and America’s populist right wants to turn the clock back to the days when men were men and the West ruled.… — Edward Luce Populist Copy Share Image
“The emergence of China is the most dramatic event in economic history. We are living in an age of convergence no less… — Edward Luce Economic history Copy Share Image
“Today, Chicago, like London, sucks in the best talent from its interior in the Midwest, where the swing to Trump was strongest.… — Edward Luce Chicago Copy Share Image
“areas that were once the preserve of national sovereignty are now ring-fenced by international law and global regulation. The instinct in Davos… — Edward Luce Free trade Copy Share Image
“Democracy’s brand was also damaged by America’s reaction to the Al Qaeda attacks in 2001. George W. Bush’s response to 9/11 dealt… — Edward Luce Around the world Copy Share Image
“Can the West regain its optimism? If the answer is no – and most of the portents are skewing the wrong way… — Edward Luce Golden age Copy Share Image
“In San Francisco, an ideas factory for America’s most liberal social policies, more than six in ten homes are now worth more… — Edward Luce San francisco Copy Share Image
“If the democratically backed will of the world’s largest trading bloc can be undone by a group of unelected trade judges, imagine… — Edward Luce Copy Share Image
“People tend to form political beliefs in their early years and then stick with them for life. If today’s rich young are… — Edward Luce Democracy Copy Share Image
