New apartments in Liljeholmskajen, Stockholm, Sweden. Apartment prices jumped 8 per cent last year and have soared 38 per cent since late 2007 to a record, according to Svensk Maeklarstatistik, which compiles monthly data on Swedish home prices. photograph: photographer: casper hedberg/bloomberg

Johan and Alejandra are the kind of Swedes the International Monetary Fund has been warning about – piling up debt to keep up with an ever-rising prop(...)

The intense resistance by some to scientific findings on climate change is difficult to understand. Some climate change deniers present their case wit(...)

French connection: Thomas Piketty. Photograph: Ed Alcock/New York Times

Since its publication in English, in March, Thomas Piketty’s Capital in the Twenty-First Century has been hailed as the most important economics bo(...)

The real war on coal, or at least on coal workers, took place a generation ago, waged not by liberal environmentalists but by the coal industry itself. And coal workers lost. Photograph: Michaela Rehle/Reuters

There are three things we know about man-made global warming. First, the consequences will be terrible if we don’t take quick action to limit carbon e(...)

French economist and academic Thomas Piketty, poses in his book-lined office at the French School for Advanced Studies in the Social Sciences (EHESS), in Paris. Photograph: Charles Platiau/Reuters

French economist Thomas Piketty published a detailed 4,400-word defense of his best-selling book on income inequality against allegations that he reli(...)

French economist and academic Thomas Piketty, poses in his book-lined office at the French School for Advanced Studies in the Social Sciences  in Paris. Photograph: Charles Platiau/Reuters

Thomas Piketty, the French economist who wrote a best-selling book on inequality, has defended his work against criticism by the Financial Times of sh(...)

The advent of “big data” is a well-documented aspect of our digital age. But the abuse of statistics is also a well-known phenomenon; telling lies wit(...)

Thomas Piketty’s  “Capital in the 21st Century” has fuelled fierce debates about inequality. Photograph: Ed Alcock/New York Times service

It is one of the unlikeliest bestsellers in memory – a 685-page tome full of historical census and tax data and literary allusions to the likes(...)

Doing what the US did after the second World War – using low interest rates and inflation to erode the debt burden – is often referred to as “financial repression”, which sounds bad. But who wouldn’t prefer modest inflation and a bit of asset erosion to mass unemployment?

Econonerds eagerly await each edition of the International Monetary Fund’s World Economic Outlook (...)

People line up for a food giveaway programme at MacArthur Park in Los Angeles, California, recently. Disposable income in the US and Britain is much more unequally distributed than in France, Germany or Scandinavia. Photograph: Reuters

Most people, if pressed on the subject, would probably agree that extreme income inequality is a bad thing, although a fair number of conservat(...)