The rise of populist nationalism throughout the West has been fueled partly by a clash between the objectives of equity in rich countries and higher living standards in poor countries.
detailsWe 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.
detailsA regular survey of experts on matters relating to Middle Eastern and North African politics and security.
detailsMarkets are mechanisms of social choice, in which dollars effectively equal votes. those with more purchasing power thus have more influence over market outcomes
detailssuddenly, capitalism is visibly sick. The virus of socialism has reemerged and is infecting the young once more
detailst has been 30 years since the fall of the Berlin Wall, and despite significant progress toward improving life expectancy and boosting incomes around the world
detailsPessimism afflicts those who have lost out economically
detailsOxfam’s headline-grabbing comparison has some flaws
detailsInequality remains poorly defined, its effects highly variable, and its causes hotly debated
detailsPolitical leaders often speak of growth patterns that unfairly distribute the benefits of growth; but then they do relatively little about it when they are in power
detailsThe rise of protectionism and anti-immigrant sentiment in Britain, America, and Europe is widely believed to reflect stagnant incomes, widening inequality, structural unemployment, and even excessive monetary easing
detailsModern economies would not be possible without widespread literacy and numeracy
detailsThe jump in household income merely helps to make up for lost ground
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