The Econmist - USA (2021-10-09)

The Economist October 9th 2021 5

Contents

Contents continues overleaf

On the cover

The world this week

8 A summary of political

and business news

Leaders

11 Stagflation risks

The shortage economy

12 Social media

Facepalm

12 Climate change

H 2 ’s hope and hype

14 Pakistan

An all-weather frenemy

16 Ethiopia’s war in Tigray

No favours for killers

Letters

18 On Angela Merkel,

modern Arabic,

decentralised finance,

Canada, vaccines

Briefing

20 The hydrogen economy

A very big balancing act

Special report:

World trade

The new order

After page 44

Britain

25 Disposable income

26 Luring skilled immigrants

28 Misogyny in policing

28 The social safety-net

30 Darkening the streets

31 The era of the treedemic

32 Bagehot Defining

“levelling up”

Europe

33 Bypassing the Bosporus

34 Italy’s right-wing parties

35 Abuse by French clergy

35 The Pandora Papers

36 Charlemagne The eu

and the Balkans

United States

37 The debt-ceiling dance

38 Income equality

38 Whistleblowers and tech

39 Polarisation explorers

42 How fire shaped Chicago

43 War from a distance

44 LexingtonDemocratic

discipline

The Americas

45 Latinobarómetro poll:

democracy at bay

46 Canadian football

47 An Argentine libertarian

Middle East & Africa

49 Ethiopia v the world

50 The war in Tigray

51 France’s Africa reset

51 Employment in the Gulf

52 Iraq’s lacklustre election

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BagehotThe Tories are

deadly serious about

levelling up, page 32

Anew era of scarcity threatens
global prosperity: leader,
page 11.Soaring energy prices
and a faltering recovery invite
comparisons with the 1970s.
But the past is not the best
guide to the present,page 69.
Apugnacious paper takes aim
at a basic belief about how
inflation works: Free exchange,
page 74.In Britain wages are
rising, but so are prices and
taxes. Meanwhile, benefits are
being cut,page 25

Facebook’s problem starts at
the topEven when it has a point,
Facebook is reviled: leader, 
page 12.Why the latest series of
leaks is more politically potent
than previous ones, page 38

Ethiopia starves its citizensIt
must be stopped: leader, page 16.
Neither side has clean hands in
the bloody civil war, page 50

Britain’s treedemicMillions of
British trees have died; millions
more will, page 31

Aspecial report on tradeFree
trade has promoted growth and
efficiency. Now other goals are
competing for attention, says
Soumaya Keynes, after page 44

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