Every monsoon season, Pakistan produces the same headlines: submerged villages, displaced families, ruined crops. The story is always told as tragedy. It is rarely told that it is a balance sheet problem, hiding in plain sight that Pakistan's economic system has simply chosen not to price. That omi»»»

The departure of Susan Aitken as Glasgow council leader brings to an end the most progressive man-made disaster in the city’s history. After nine years of Aitken, Glasgow doesn’t need a replacement, it needs a recovery operation. But a replacement is the best locals can hope for, and he comes in th»»»