Today’s Republicans run away from Reagan

The Grand Old party is now the Great Wall party – defined by what it wants to keep out of the country

From the blogs

Beijing’s reforms have the potential to increase government expenditures and boost consumption
– Yukon Huang
Markets will remain sensitive to significant fluctuations below the long-term growth trend
– Gavyn Davies
On balance I prefer the Nobel Prize winner’s circumspection about tech monopolies to Thiel’s blitheness
– Andrew McAfee

The cost of a search for what’s not there

Martin Sandbu on incentives for doctors to diagnose dementia

Manchester land-grab must be resisted

Man-Sheff-Leeds-Pool seems too monolithic, with a hint of banker machismo, says Andrew Martin

Political apathy: who cares?

Voters apparently feel considerably more positively towards cockroaches, traffic jams or colonoscopies than congressmen

American who beat Mao to Beijing

Sidney Shapiro, author and translator, 1915-2014

FT Editorial

Reasons to be bearish on US banks

Recent optimism on prospects is offset by fundamental changes

Pay attention to dividend declarations

Distributions in the third quarter are barely changed from 2013

A chance for Islam to unite against Isis

A lack of central authority opens the door to a charismatic leader, writes Hossein Mousavian

Blame Germany for the right reasons

The case for running a deficit to stimulate the economy is flimsy, writes Otmar Issing

Man-made idols who cannot plead the law

Ched Evans case and his lack of contrition show why footballers must be held to a higher standard

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