The world is facing a critical supply-chain failure. Everything from energy shortages in China and the UK to household appliances and taco sauce in the United States...
detailsWith equity markets reaching new heights at a time of rising income and wealth inequality, it should be obvious that todays market mania will end in tears, reproducing the economic injustices of the 2008 crash...
detailsNot all violence is fast. Hidden in plain sight across society, there is a kind of harm that happens too slowly to see, says Richard Fisher.
detailsAfter 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...
detailsEmerging markets and developing economies grew consistently in the two decades before the COVID-19 pandemic hit, allowing for much-needed gains
detailsCapitalism is in crisis. The pandemic could change it forever, in favor of workers and those in greatest need.
detailsThe pandemic made a global economic slowdown much worse. Maybe its time to rethink a system based on endless growth.
detailsLife 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 ...
detailsThe 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
detailsThe historic protests sweeping America were long overdue, not just as a response to racism and police violence, but also as a revolt against entrenched plutocracy.
detailsWhile 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
detailsMany on the left still cling to the hope that the COVID-19 crisis will translate into the use of state power on behalf of the powerless. But those in authority have never hesitated to harness government intervention to the preservation of oligarchy...
detailsThe systemic failure of the capitalist order triggered by the coronavirus has reinforced the growing awareness that extreme wealth inequality...
detailsThe COVID-19 crisis has exposed the underlying weaknesses in national economies, health systems, and even political ideologies.
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
detailsGovernments, and ultimately people, can reverse the alarming trends of 2019. But 2020 will be another year of living dangerously if short-term policies continue to be pursued at the expense of long-term vision.
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
detailsFollowing mass uprisings in Algeria and Sudan this summer, protesters have now taken to the streets in Lebanon and Iraq to demand better economic conditions and an end to mis-governance.
detailsIt is tuk-tuk vs. Land Cruiser at the heart of Iraqs uprising — and the scrappy tuk-tuk, for now, is winning.
detailsAt least 19 dead and untold wounded. A half-dozen subway stations attacked with firebombs. Hundreds of supermarkets vandalized and looted.
detailsHaving lost touch with public sentiment, officials in Paris, Hong Kong, and Santiago failed to anticipate that a seemingly modest policy action (a fuel-tax increase, an extradition bill, and higher metro prices, respectively) would trigger a massive socia
detailsThe failure to protect minority rights is a readily understood consequence of the political logic behind the emergence of democracy.
detailsAfter Lebanons civil war ended in 1990, it began rapidly expanding the public debt. This debt has exacerbated widening socioeconomic inequalities, now threatening the countrys stability.
detailsMany economists already favor a consumption-based tax system for raising revenue on grounds of efficiency and simplicity.
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