“Today, the US median income is still below where it was at the beginning of this century.” — Edward Luce Median Copy Share Image
“With chisels and pickaxes we made our tiny contributions to this orgy of historic vandalism.” — Edward Luce Copy Share Image
“The West’s median income, meanwhile, has barely shifted in the last half-century.” — Edward Luce Median Copy Share Image
“Ironically, some of the lowest-paid jobs – in barbershops and nail salons – will be among the safest.” — Edward Luce Copy Share Image
“Almost half of Americans would be unable to pay a $400 medical emergency bill without going into debt.67” — Edward Luce Copy Share Image
“All of America’s new jobs have been generated by independent work, which has risen by 7.8 per cent a year.65” — Edward Luce New job Copy Share Image
“Bismarck once said, ‘Preventive war is like committing suicide out of fear of death.” — Edward Luce Committing suicide Copy Share Image
“We learn from history that we do not learn from history. FRIEDRICH HEGEL” — Edward Luce Hegel 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
“It is not just that people are staying physically put. They are also likelier to stay trapped in the same income group.… — Edward Luce 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
“Émile Durkheim, the father of modern sociology, said that when societies hit a civilisational break the suicide rate soars.” — Edward Luce Parenting 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 advantages of being raised on the right side of the tracks are too implicit to be enumerated. It is the few… — Edward Luce Copy Share Image
“every single one of America’s 493 wealthiest counties, almost all of them urban, voted for Hillary Clinton.43 The remaining 2623 counties, most… — Edward Luce Copy Share Image
“Since the turn of the millennium, and particularly over the last decade, no fewer than twenty-five democracies have failed around the world,… — Edward Luce Around the world Copy Share Image
“Orwell’s fear was that Big Brother would always be watching you. Huxley’s dread was that we would be too busy watching Big… — Edward Luce Big brother Copy Share Image
“The stability of the planet – and the presumption of restraint – will have to rest in the hands of Xi Jinping… — Edward Luce Powerful leaders Copy Share Image
“Just as the West’s support for the Afghan jihad against the Soviets in the 1980s laid the ground for the rise of… — Edward Luce 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
“the Toil Index – the number of working hours it takes a median worker to pay the median rent in one of… — Edward Luce Rent Copy Share Image
“For those who still believe our age’s disruptions match what happened after 1870, ask yourself which you would first give up, your… — Edward Luce 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
“By any numerical measure, humanity is becoming rapidly less poor. But between half and two-thirds of people in the West have been… — Edward Luce Artificial intelligence 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
“Such risk aversion breeds its own failure. So deeply rooted is gentrification that Richard Florida has now modified his widely acclaimed thesis… — Edward Luce Big city Copy Share Image
“Donald Trump consciously stokes racist sentiment, and has given a rocket boost to the ‘alt-right’ fringe of neo-Nazis and white nationalists. But… — Edward Luce Copy Share Image
“clustered behind national barriers, what was good for General Motors was good for America. The annual gross domestic product figure meant as… — Edward Luce Bottom line 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
“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
“Cowen detects conformism even in the liveliest Silicon Valley companies. Most of its denizens wear some variation on the casual hipster uniform… — Edward Luce Conformism 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
“History tells us that inequality soars when societies develop.” — Edward Luce History Copy Share Image
“We cannot simultaneously pursue democracy, national determination and economic globalisation.” — Edward Luce Democracy Copy Share Image
“Brecht once said: ‘All power comes from the people. But where does it go?” — Edward Luce Brecht Copy Share Image
“Davos has become the emblem of a global elite that has lost its ability to listen.” — Edward Luce Copy Share Image
“The world’s elites have helped to provoke what they feared: a populist uprising against the world economy.” — Edward Luce Economics Copy Share Image