Corbyn in La La Land: a national maximum wage cannot be determined by need

We have another trailer for the emerging ideology of Corbynomics. Jeremy Corbyn has said there should be a law to establish a maximum wage, because it is "the fairer thing to do". He didn't say what the figure ought to…
China crosses 2a

China abolishes the cross of Christ

  China's stock-market has plunged: its GDP has crashed, the yuan has been devalued and economic confidence is in free fall. Another boom-and-bust bubble has burst: Mammon threatens another tidal…