With politicians proposing policies that would vastly expand the size of the government and its involvement in the economy, it is clear that too many Americans have forgotten the lessons of the twentieth century. As Friedrich Hayek and Milton Friedman poi
detailsEconomic policymakers can no longer afford to view inequality as an issue separate from boosting employment and incomes. Addressing it through a wealth tax, combined with more effective antitrust policies and enforcement, has become essential to sustainin
detailsFinancial institutions must address the issue of technological sustainability, especially with regard to data, robotics, and artificial intelligence.
detailsNot surprisingly, American billionaires have dismissed recent wealth-tax proposals as an affront to the entrepreneurial spirit to which they attribute their massive wealth.
detailsRouhani has taken a remarkably austere fiscal approach ahead of the looming parliamentary election, but the countrys economic situation is still not sustainable over the long run.
detailsWhat kind of capitalism do we want? That may be the defining question of our era. If we want to sustain our economic system for future generations, we must answer it correctly.
detailsWall Street hedge funds and lawyers have turned an arcane procedure of international treaties into a money machine, at the cost of the worlds poorest people.
detailsAmid much discussion of the challenges facing the Chinese economy, the line-up of usual suspects typically excludes the most worrying scenario of all
detailsThe convening power of the IMF and the World Bank is unquestionably strong, if not unique. Every year, their annual meetings attract top economic and financial officials from more than 180 countries
detailsHigher nominal wages for low-paid workers can boost real earnings, increase consumer spending, and help make housing more affordable.
detailsThe rapid pace and sheer scale of innovation in digital currencies and mobile payments indicates that a monetary revolution is forthcoming. The choice for governments
detailsFor 40 years, elites in rich and poor countries alike promised that neoliberal policies would lead to faster economic growth, and that the benefits would trickle down so that everyone
detailsAt least 19 dead and untold wounded. A half-dozen subway stations attacked with firebombs. Hundreds of supermarkets vandalized and looted.
detailsTo many in China, this years Nobel Memorial Prize in Economic Sciences seems to have shone a spotlight on one area of development economics at the expense of another. While randomized controlled trials might be useful for creating or improving welfare pro
detailsUnited States foreign policy under President Donald Trump continues to run counter to Americas traditional post-war objectives. Should the US carelessly relinquish leadership of the global multilateral order...
detailsTo explain Argentinas chronic instability and episodic illiquidity, one must look beyond idiosyncratic leaders, temporary external shocks, and specific policy mistakes.
detailsBy broadening the nexus between economic interest and national security, Trump is encouraging the decoupling of the worlds two largest economies and the emergence of a bipolar world order led by rival hegemons.
detailsDespite the likelihood of a harder-than-expected Brexit, and the certain loss of the so-called passport, which would allow financial services to be sold freely across the EU...
detailsGiven the growing risk of economic stagnation, governments may soon need to provide further stimulus – ideally in tandem with broader structural reforms...
detailsWhere the problem for economies and financial services is lack of competition, residents of developing countries need to look to their own regulators and politicians...
detailsBaghdad has forged a 20-year deal to supply Beijing with oil in exchange for Chinese investments in projects to repair Iraqs war-damaged infrastructure.
detailsAt last months G7 summit in Biarritz, leaders again paid lip service to reforming the World Trade Organization. But, given the US led effort to weaken the WTO
detailsBetween US President Donald Trumps zero-sum disputes with China and Iran, UK Prime Minister Boris Johnsons brinkmanship with Parliament and the European Union
detailsWith interest rates at record lows and global growth set to continue decelerating, there has rarely been a better time for governments to invest in infrastructure and other sources of...
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