Crises are colliding in a way that is testing the foundations of the advanced economies that once set the rules of global capitalism. Trade shocks, geopolitical rivalry, pandemic aftershocks and ...

It assumed AI’s trajectory is already set, that early effects can simply be measured and projected forward. What it missed is ...

Once relegated to the junk heap of economic ideas by mainstream policymakers, industrial policies, or state actions to change the composition of economic activity, are making a comeback. In the United ...

Today, global trade debates over tariffs and trade policies often dominate headlines. A closer examination of these issues reveals that the roots of today’s tariff practices extend far back in history ...

The world is still not on track to hold global warming well below 2°C above pre-industrial levels, let alone 1.5°C. Despite good intentions, the availability of financing and clean technologies, 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 ...

Discover the concept of homo economicus, its origins, and why it's essential in economics. Explore its rational decision-making model and its limitations today.

The Chinese economy is, arguably, more imbalanced than ever. The continuous stream of facts and arguments from people like Michael Pettis and Brad Setser show this beyond any doubt. In the context of ...

South Korea has entered one of the most uncertain times in its modern history. The aftermath of President Yoon Suk Yeol’s declaration of martial law on 3 December 2024 has caused political turmoil and ...

There were local elections in several German states a few days ago, and the results — a strong showing by the Alternative for Germany or AfD, a right-wing extremist party — were shocking but not ...

Gabor Scheiring received funding from the European Union’s Horizon 2020 research and innovation program under the Marie Sklodowska-Curie grant agreement No 890187. He was a member of the Hungarian ...