No book has done more than Capital to explain the way the world works. Only a few centuries old, capitalism’s unprecedented mode of producing for human needs and generating wealth shapes present and ...
Putting moral insight back into economics enhances understanding of political outcomes For much of the 20th century, the disciplines of moral psychology and economics were seen as distinct—each ...
Recent geopolitical events and policy announcements have demonstrated an unusual disconnect between significant economic threats and stock market reactions. Financial markets have shown unexpected ...
As if it wasn’t already a hard enough concept to grasp, Trump tariffs have made understanding the economy even harder, and there are no signs things are going to get less complicated any time soon.
The role of imports in GDP—Gross Domestic Product—confuses many people. The current political discussion about tariffs has triggered some of the misunderstanding. This article aims to help business ...
This edition of weekly political economy column outlines five key points that could anchor a thesis on India’s challenges ...
The economic landscape is complex and dynamic, constantly influenced by a myriad of factors. Yes, we all get sick of it, but we need to gain an understanding of how this works. One of the most ...
In recent weeks, Western audiences encountered two starkly different portraits of China’s economic model. In his book “Breakneck,” tech analyst Dan Wang argues that China is an “engineering state” ...
A tariff is a tax imposed by a government on imported goods and services. Countries use tariffs as a tool to regulate trade, protect domestic industries and generate revenue. When a foreign product ...
As the clock ticks toward a potential government shutdown at midnight on October 1, 2025, the looming crisis holds more than just economic consequences. It signals a deepening rift in the nation’s ...