Greece is in the “last chance saloon”. The logic of where it is now is definitely towards the exit. Photograph: Orestis Panagiotou/EPA

So what should the euro zone do now? Last week, I concluded that the Greeks should vote Yes. They decided instead to overwhelmingly reject the terms o(...)

Alexis Tsipras, Greece’s prime minister: Syriza has failed to put forward a credible programme of reform that might solve the problems of the Greek economy. It has made populist gestures. It is a dreadful government produced by desperate times. Photograph: Yorgos Karahalis/Bloomberg

How would I vote in the referendum on the euro zone’s economic programme if I were Greek? The answer, alas, is that I am unsure. If I believed Greece (...)

Incentives and innovation could be the best way to ensure carbon-free technologies are competitive with fossil fuels. Photograph: Reuters

Every silver lining has a cloud. The technologies that offer human beings comforts and opportunities that would have been unimaginable two centuries a(...)

The outbreak of the first World War was, we are told, greeted with confidence and jubilation by the peoples of Europe. Something similar seems to be h(...)

World leaders at the G7 summit in Germany: we should be sceptical of their commitments to climate action as we have heard them for nearly a quarter ofa century. Photograph: Markus Schreibe/AP

Is there any significant likelihood that policy action will eliminate the risk of climate disaster? At present, the answer is no. This is so, even tho(...)

Greek prime minister Alexis Tsipras has accused bailout monitors of making “absurd” demands. Photograph: Kostas Tsironis/Bloomberg

What is going to happen with Greece? Nobody knows. That does not mean nobody cares. On the contrary people care passionately, in directly conflicting (...)

‘It is possible to have too much finance. More importantly, significant economies are in this position, among them Japan and the US.’ Photograph: Getty Images/iStockphoto

Is it possible to have too much finance? Harmed by the aftermath of financial crises, enraged by bailouts of financial institutions, irritated by t(...)

Yields on government bonds of the big advanced economies peaked in the early 1980s: Japan’s peak was near 10 per cent, Germany’s 11 per cent, and those of the US and UK 15 per cent and 16 per cent.

Is the 3½ decade long bull market in the highest-rated government debt over? If so, would that be a good thing or a bad one? The answer to the first q(...)

Protesters, many against the so-called fast track trade authority of the TTP trade agreement, rally outside a hotel where US President Barack Obama held a meeting in Portland, Oregon last week. REUTERS/Jonathan Ernst

Should proposed US plurilateral trade agreements be welcomed? This is a big question, not least for those who consider the liberalisation of world tra(...)

If the Conservatives win enough seats in the general election to retain power, it will be their reputation for economic competence and Labour’s for th(...)