Articles by Robert Skidelsky

Homosexuals and the New Public Philosophy

One result of gay marriages is that there might be a revival of conventional marriages.

I Don't Believe in Economic Confidence Fairies

The doctrine of imposing present pain for future benefit has a long history, stretching all the way back to 18th-century British economist Adam Smith and his praise of "parsimony."

Why Income Inequality Is Killing Capitalism

While medium incomes have been stagnant for the past 30 years, the rich became richer.

Turning Olympic Success Into Economic Gold

As Olympic mania swept the world in recent weeks, it transported the host country, Britain, to a rare display of public exultation. Indeed, the successes of "Team GB" produced an upsurge of patriotic rejoicing akin to victory in war.

China Won't Be a Superpower Anytime Soon

Is China poised to become the world's next superpower? This question is increasingly asked as China's economic growth surges ahead at more than 8 percent a year, while the developed world remains mired in recession or near recession.

Europe Needs to Exorcise Its Demon of Debt

Europe is now haunted by the specter of debt. All European leaders quail before it. To exorcise the demon, they are putting their economies through the wringer.

Global Economy Needs Recovery Before Reform

The financial crisis that started in 2007 shrunk the world economy by 6 percent in two years, doubling unemployment. Its proximate cause was predatory bank lending, so people are naturally angry and want heads and bonuses to roll.

Imperialism Reclaimed

Fifty years ago, as decolonization accelerated, no one had a good word to say for imperialism. It was regarded as unambiguously bad, both by ex-imperialists and by their liberated subjects. Then, in the 1980s, a revisionist history came along.

Debating RussiaТs Future

It is often said that Russia lacks a Уcivil society.Ф But it partly makes up for this by having a rather interesting public sphere in which serious topics get debated. September has offered the Valdai Discussion Club and the Global Policy Forum.

Fictional Sovereignties

A year ago, tiny Georgia tried to regain control over its breakaway enclave of South Ossetia. The Russians quickly expelled the Georgian army, to almost universal opprobrium from the West. South Ossetia (with a pre-war population of 70,000) and Abkhazia (about 180,000 people) promptly declared their Уindependence.Ф They created two new fictional sovereignties and acquired in the process all the official trappings of statehood: national heroes, colorful uniforms, anthems, flags, frontier posts, military forces, presidents, parliaments and, most important, new opportunities for smuggling and corruption.

We Should Blame Economists, Not Bankers

All epoch-defining events are the result of conjunctures -- the correlation of normally unconnected events that jolt humanity out of a rut.

Farewell to the Neoclassical Revolution

The bankruptcy of Lehman Brothers and the forced sale of Merrill Lynch, two of the greatest names in finance, mark the end of an era. But what will come next?

Channeling Energy in the Wrong Direction

Russia's integration into the world economy has been based on energy. Energy is predominant both in its domestic economy and foreign trade.

Coming Out Negative in the Balance

Russia's temporary halt to oil supplies through the pipeline crossing Belarus earlier this month was the latest in a sequence of public relations disasters for the Kremlin.

Clustering on the Hi-Tech Bandwagon

Parts of Russia are well-suited to follow in Bangalore's footsteps. Russia already has the knowledge base, labor and basic infrastructure.

It's Time to Break the Bank

President Vladimir Putin used the bulk of his state-of-the-nation address to spell out measures aimed at improving the living standards of ordinary Russians.

Why Real Prosperity Proves Elusive in Russia

Russia will get only two cheers from investors at the Russian Economic Forum, which opens in London this Monday.

Overcoming Russia's History

President Vladimir Putin's proposals to centralize power in the Kremlin even further gives an opportunity to revisit the debate between Richard Pipes and Alexander Lukin in the pages of The Moscow Times on July 6 and 21.

Can Russia Escape the 'Resource Curse'?

Most people believe that rich natural resources make a country rich. Fertile lands and abundant mineral wealth are seen as a natural endowment, available to support an abundant life.

OMON Raid: Trip to Russia's Darker Side

My friends had just ordered a beer when masked men with automatic guns, wearing OMON badges burst in.

Unilateral Visa Disarmament Can Save Russia

There will be much ritual obeisance this weekend to the idea that Russia is an integral part of Europe and European civilization. No one will be impolite enough to point out that the visa regime makes a mockery of this grand conception.

Why the War?

If war is inevitable, let us at least go into it with open eyes.

The Debate Over Capital Flight

Is capital flight a problem for Russia? Most people would say ""yes"" and would regard the recent reversal of capital flight as a positive sign for the Russian economy.

War on Iraq: Who Needs It?

Russia has very little to gain politically or economically by supporting U.S. military action in Iraq.

Capitalism Under Attack

Today capitalism is under attack for the first time since the fall of communism.

Trade for Peace, Not Land for Peace

The United States has officially demanded an immediate Israeli withdrawal from the West Bank. Israel has vowed to continue its ""war for survival."" Meanwhile the peacemakers shuttle sadly round the Middle East, oblivious to the fact that no one is listening to them.

Stirring the World From Sloth

It's fashionable to say that the events on Sept. 11 have profoundly changed the world.