Finance & economics
A high-interest-rate phenomenon
Young collectors are fuelling a boom in Basquiat-backed loans
Auction houses are on a lending spree
Stepping on spiky grass
Xi Jinping’s surprising new source of economic advice
What China’s leader may learn from a pair of reform-minded academics
Gift horse
Foreign investors are rejecting Indian stocks
A roaring economy is not enough to entice them
Free exchange
Why any estimate of the cost of climate change will be flawed
Temperature fluctuations are unpredictable. Humans are even more so
Live a little
Baby-boomers are loaded. Why are they so stingy?
The mystery matters for global economic growth
Free exchange
Shrinking populations mean less growth and a more fractious world
Politicians must act now to avert the worst
Trade wars
Brazil, India and Mexico are taking on China’s exports
To avoid an economic shock, they are pursuing a strange mix of free trade and protectionism
An aid to digestion
How the Chinese state aims to calm the property market
Officials appear willing to spend public money on private capitalists
The pro-natalist turn
Can the rich world escape its baby crisis?
Governments are splurging on handouts to avert catastrophe