Bitcoin, the decentralised, mainly digital currency that is neither issued nor guaranteed by central banks, has always seemed like a magic trick. Rather than spinning straw into gold it transforms wasted computing power into money that people will actually accept as payment. Radical libertarians have desperately wanted to believe in it because they hope it ...

Chris Hayes’s book Twilight of the Elites came out to respectful reviews and respectable sales in 2012, yet the book’s real moment is right now. Better than any other book, it explains why Donald Trump appeals to many voters, and why the political establishment has such a hard time understanding his success. In the book, ...