A topsy turvy political world means we’re not “left” and “right” these days so much as “open” and “closed”, or as Matthew Flinders puts it, “somewheres” and “anywheres”. He warns that political leaders must wake up to these changing tribes if they’re to form a working government. Theresa May will travel to Florence this week to deliver what is expected to be a landmark speech on Brexit. Andrew Glencross explains why the PM might have chosen this city of sweeping frescoes and Renaissance architecture.

Don’t listen to the scaremongers on Brexit, say David Paton, David Blake and Kevin Dowd. These three economists strike out against the idea that leaving the customs union and single market would hurt the British economy. Not only could the UK benefit from unilateral free trade, they argue, there are dangers inherent in the consensus that Brexit is bad.

Cryptocurrencies like Bitcoin feel like they’re part of the furniture these days. With US$170 billion in circulation there is a case to be made that these online payment systems will dominate in the next decade. But their popularity draws attention away from the world’s central bankers, writes Nafis Alam, as how they respond will define the future of these new currencies.

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