Whether you believe inheritance tax helps fight inequality or is an unfair additional tax on the wealthy, it accounts for just 0.5 per cent of total tax revenues across the countries that levy it. But as the FT’s Stefan Wagstyl reports,...

State-owned firms are not as innovative as private firms. But it does not follow, Philippe Aghion says, that government ought to be small. Government is needed as investor in the economy's productive capacity -- R&D, education, green...