Britain’s housing market is vanishing before our eyes. It’s not that prices are in free-fall — so far — but the number of transactions actually completing is dwindling fast. The slowdown in London has worsened sharply since June. Houses of all prices have been hit, the data from the Land Registry show. By September, the drought had hit hardest those ...

When it comes to ethics, appearances matter — as Wilbur Ross is learning the hard way. ‘Appearance,’ Plato observed, ‘tyrannizes over truth.’ President Donald Trump’s administration should keep that in mind when attending to its latest conflict-of-interest scandal. According to news reports based on leaks from a Bermuda law firm, Commerce Secretary Wilbur Ross did not disclose business ties with ...

In the annals of economic experimentation, India’s cash ban will stand out. Not because it was ill-advised, poorly executed or unsuccessful in achieving its original aims. Prime Minister Narendra Modi’s move to outlaw 86% of his country’s currency a year ago today was all those things. What made it remarkable, though, was the way it flew against the zeitgeist. While ...