“if you want an economic chart that stops you from sleeping you should start with the elephant.” — Edward Luce Economics Copy Share Image
“The downward pressure on the incomes of the West’s middle classes in the coming years will be relentless.” — Edward Luce Inequality Copy Share Image
“Chicago’s success is no longer symbiotic with its rural neighbours. It comes at their expense.” — Edward Luce Chicago Copy Share Image
“For all the emphasis we place on our multicultural cities, they epitomise our oligarchic reality.” — Edward Luce Copy Share Image
“In the US, the more liberal a city’s politics, the higher the rate of inequality.45” — Edward Luce Inequality Copy Share Image
“The meritocratic society has given way to a hereditary meritocracy.” — Edward Luce Meritocracy Copy Share Image
“It is the elites who are loosening their allegiances and workers who are reaching for national flags.” — Edward Luce Elites Copy Share Image
“The West’s global cities are like tropical islands surrounded by oceans of resentment.” — Edward Luce Resentment Copy Share Image
“Writing in the 1950s, Daniel Bell, the great American sociologist, said, ‘economic growth has become the secular religion of advancing industrial societies’.” — Edward Luce Economic growth 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 would also require a conscious effort to look at the world from unfamiliar standpoints and admit that the West has no… — Edward Luce Conscious effort Copy Share Image
“They yearn for the security of a lost age. Just as America believed it had entered a post-racial era, Britain persuaded itself… — Edward Luce Classless society 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
“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
“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
“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
“Today’s equivalent is probably ‘get an engineering degree’, but it will not necessarily be as lucrative. A third of Americans who graduated… — Edward Luce Artificial intelligence 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
“Shortly afterwards Addis Ababa launched a crackdown on its opponents that resulted in hundreds of deaths. If America’s president was in two… — Edward Luce Death 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
“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
“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
“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 Copy Share Image
“There is a thin line between convincing people of the merits of a case and suggesting they are moral outcasts if they… — Edward Luce Thin line Copy Share Image
“In its study of the future of work, the laissez-faire Baker Institute admitted it had been ‘unable to find any solutions based… — Edward Luce Education 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
“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
“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
