Capitalism

Five Cheers for 2021

2020-12-29

After a year of death, despair, and deep uncertainty, there are glimmers of light on the horizon. Not only is responsible leadership returning to the United States, but there is...

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Capitalism After the Pandemic

2020-10-22

Getting the Recovery Right

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Capitalism isn't working anymore. Here's how the pandemic could change it forever

2020-10-20

Capitalism is in crisis. The pandemic could change it forever, in favor of workers and those in greatest need.

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The uncertain future of capitalism after coronavirus

2020-10-19

The pandemic made a global economic slowdown much worse. Maybe its time to rethink a system based on endless growth.

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Capitalism Is Broken. The Fix Begins With a Free Covid-19 Vaccine.

2020-10-19

Skewed public-private relationships, like pharmaceutical companies getting millions from taxpayers then overcharging for drugs, are just one part of the problem.

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Capitalists and Socialists of the World, Unite!

2020-10-05

Although it can be politically expedient to draw a thick line between capitalist decentralization and socialist central planning, the truth is that these two systems have converged on many occasions...

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The Redistribution Games

2020-10-02

Life is not the Olympics, where talent and training determine an athlete’s performance. It’s more like a Roman arena in which well-armed gladiators vanquish unarmed ...

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Trust Funds for All

2020-07-15

The COVID-19 pandemic has exposed many flaws in advanced economies, not least the fact that inequality can be deadly. The case for giving all citizens a capital endowment – reflecting both their inalienable dignity and society’s return on its public inves

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The Post-Pandemic Social Contract

2020-06-13

While many recent proposals for reforming capitalism would substantially change the way our economies operate, they do not fundamentally alter the narrative about how market economies should work; nor do they represent a radical departure for economic pol

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Capitalism’s Triple Crisis

2020-04-05

After the 2008 financial crisis, we learned the hard way what happens when governments flood the economy with unconditional liquidity, rather than laying the foundation for a sustainable and inclusive recovery. Now that an even more severe crisis is under

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he New-Old Threat to Economic Freedom

2020-03-07

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

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What Kind of Capitalism Do We Want?

2019-12-03

What 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.

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A Living Wage for Capitalism

2019-11-18

Higher nominal wages for low-paid workers can boost real earnings, increase consumer spending, and help make housing more affordable.

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The End of Neoliberalism and the Rebirth of History

2019-11-09

For 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

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The Open Secret of Development Economics

2019-10-30

To 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

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Is Stakeholder Capitalism Really Back?

2019-09-01

We will have to wait and see whether the US Business Roundtables recent statement renouncing corporate governance based on shareholder primacy is merely a publicity stunt.

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The Inequality of Nations

2019-08-03

Markets are mechanisms of social choice, in which dollars effectively equal votes. those with more purchasing power thus have more influence over market outcomes

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Stagnant Capitalism

2019-03-25

A decade after the 2008 financial crisis, faith in markets self-regulating abilities once again lies in tatters. There simply is no single real interest rate that would spur investors to funnel all existing savings

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What’s Wrong with Contemporary Capitalism?

2019-03-16

suddenly, capitalism is visibly sick. The virus of socialism has reemerged and is infecting the young once more

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