In this week's New Statesman: The Coming Anarchy

Mehdi Hasan, Laurie Penny and Ken Livingstone on the riots | Internet special: the web at 20.

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In this week's New Statesman, we report on the current domestic, European and global crises. Alex Preston describes the panic among city analysts and asks how much worse the international markets can get. Meanwhile, David Blanchflower explains how western government policies have pushed us back to the economic precipice.

UK riots coverage includes a guest column by former London mayor Ken Livingstone, who calls for more investment in the capital's police force.Mehdi Hasan questions the skewed judgement of the Prime Minister, and Laurie Penny considers the language of social division.

For this week's 20th anniversary of the World Wide Web, we profile its British creator, Tim Berners-Lee, and his concerns for commercial net neutrality. Also in this internet special, computer scientist and virtual reality pioneer, Jaron Lanier, recalls the early days of Silicon Valley counterculture, and Jonathan Margolis investigates censorship on Baidu, the "Chinese Google" with 400m users.

All this, plus an interview with the controversial visual artist brothers, Jake and Dinos Chapman, Keith Hopper on the greatness of Flann O'Brien, and Edward Thomas's poetic visions of England.

Alice Gribbin is a Teaching-Writing Fellow at the Iowa Writers' Workshop. She was formerly the editorial assistant at the New Statesman.

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Can Philip Hammond save the Conservatives from public anger at their DUP deal?

The Chancellor has the wriggle room to get close to the DUP's spending increase – but emotion matters more than facts in politics.

The magic money tree exists, and it is growing in Northern Ireland. That’s the attack line that Labour will throw at Theresa May in the wake of her £1bn deal with the DUP to keep her party in office.

It’s worth noting that while £1bn is a big deal in terms of Northern Ireland’s budget – just a touch under £10bn in 2016/17 – as far as the total expenditure of the British government goes, it’s peanuts.

The British government spent £778bn last year – we’re talking about spending an amount of money in Northern Ireland over the course of two years that the NHS loses in pen theft over the course of one in England. To match the increase in relative terms, you’d be looking at a £35bn increase in spending.

But, of course, political arguments are about gut instinct rather than actual numbers. The perception that the streets of Antrim are being paved by gold while the public realm in England, Scotland and Wales falls into disrepair is a real danger to the Conservatives.

But the good news for them is that last year Philip Hammond tweaked his targets to give himself greater headroom in case of a Brexit shock. Now the Tories have experienced a shock of a different kind – a Corbyn shock. That shock was partly due to the Labour leader’s good campaign and May’s bad campaign, but it was also powered by anger at cuts to schools and anger among NHS workers at Jeremy Hunt’s stewardship of the NHS. Conservative MPs have already made it clear to May that the party must not go to the country again while defending cuts to school spending.

Hammond can get to slightly under that £35bn and still stick to his targets. That will mean that the DUP still get to rave about their higher-than-average increase, while avoiding another election in which cuts to schools are front-and-centre. But whether that deprives Labour of their “cuts for you, but not for them” attack line is another question entirely. 

Stephen Bush is special correspondent at the New Statesman. His daily briefing, Morning Call, provides a quick and essential guide to domestic and global politics.

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