• “Lack of Competition Generates Hubris…”
    “Lack of Competition Generates Hubris…”

    …and unfortunately, this also applies to the economic system the world largely adopted and is now relying on: capitalism. The world’s leading inequality scholar, Branko Milanović talks about global income disparities, resurgent ideologies and the…

  • “Is Today’s US Economy Safer Than Before the 2008 Carnage?”
    “Is Today’s US Economy Safer Than Before the 2008 Carnage?”

    Ben Bernanke, Timothy Geithner and Henry Paulson think so. At least, they say, “in some ways.” That’s exactly what should worry you.

  • On the (Economic) Effects of Immigration
    Photo by Andrew Schultz on Unsplash
    On the (Economic) Effects of Immigration

    The US government suspended many employment visas through the end of 2020. Does that make economic sense?

  • “How Can You Make Consumption Sustainable?”
    “How Can You Make Consumption Sustainable?”

    It has been suggested that if everyone on planet Earth lived the way we do in the developed world, we would need four planets. Present-day consumerism is unsustainable – but how can it be replaced?

  • FOCUS: The Decline of Democracy
    FOCUS: The Decline of Democracy

    The think tank Freedom House has published a “Freedom in the World” report every year since 1973. Last week, it released its latest edition – and it recorded the fourteenth straight year of deteriorating freedom.

  • “You Can Watch the March of Ideas from the Minds of Economists and into Our Lives.”
    “You Can Watch the March of Ideas from the Minds of Economists and into Our Lives.”

    After decades of free-market policies in the United States and Britain, working-class voters are in full revolt. In The Economists’ Hour Binyamin Appelbaum surveys the last half-century and sees an obvious path from the economics…

  • Is a Universal Basic Income a Feasible Approach to Forestalling a Socioeconomic Crisis?
    Is a Universal Basic Income a Feasible Approach to Forestalling a Socioeconomic Crisis?

    Rising inequality, decades of stagnant wages, job insecurity, the fickle gig economy and now automation: these are some of the reasons for the resurrection of an old idea.

  • Short of Staging a Revolution, How Can the Current Capitalist System Be Modified?
    Short of Staging a Revolution, How Can the Current Capitalist System Be Modified?

    A widening gap between rich and poor across the world has people rethinking the assumptions and accepted wisdom of mainstream economics.

  • Which Economists Have Had the Greatest Influence on Our Current Economic System?
    Which Economists Have Had the Greatest Influence on Our Current Economic System?

    Certain works of economic thought have shaped the way modern societies operate – for better and for worse. 

  • “Public Attention Is Not Awarded Rationally. It Has To Be Carried by a Story”
    Robert J. Shiller, Kai Nedden/laif
    “Public Attention Is Not Awarded Rationally. It Has To Be Carried by a Story”

    In his new book, economist and Nobel laureate Robert Shiller argues that he and his fellow dismal scientists need to look beyond the usual data point: Stories are what really drive decisions to spend, save…