Hostages - sausages of course - to fortune can come in varying degrees of convincingness:

So, the people of Northern Portugal are not too keen on having a lithium mine outside their back door:

Adam Smith only mentions “invisible hand” the once in Wealth of Nations and it’s not about the joyousness of free markets or even capitalism.

It is true that China has a certain socialist direction from the top in its economic mix.

The UK imports energy in the form of fossil fuels such as oil and gas, but there are ways in which it effectively imports energy by importing goods produced abroad with alternative sources of energy.

Britons have just 23 hours of ‘genuinely free’ time a week – so much for labour-saving technology - Elle Hunt

One of Friedrich Hayek’s most prominent ideas is that socialism can only be attractive insofar as central planning is practical. And in Hayek’s time, it was understood that optimal central planning was not only unfeasible, but unimaginable.

Striking deals with approved countries to take UK prisoners is a controversial but increasingly discussed solution to alleviate the severe overcrowding in UK prisons.

They call themselves socialists, but think and act very capitalistically. Real Marxists are probably easier to find in Europe and the USA than in Vietnam.

They call themselves socialists, but think and act very capitalistically. Real Marxists are probably easier to find in Europe and the USA than in Vietnam.

It is fair to say that when the BBC decided that only high viewing figures would justify the licence fee, it took a wrong turn and should have concentrated instead on public service television

Sir John Cowperthwaite, when running Hong Kong, famously banned anyone collecting the GDP statistics on the grounds that some damn fool would only try to do something with them.