In general, major economies around the world are now facing significant development challenges. Although U.S. economic growth in the third quarter of 2025 exceeded expectations, persistently high ...

One of the most firmly held beliefs in economics is that free trade is good for humanity. Yet that confidence in the economic virtue of open markets can blind the profession to the complications of ...

Globalization, like capitalist exploitation, is not something new. Capitalism, as Braudel reminds us, has always been global. However, what is certainly new is the form, the context and the strategic ...

National economies are increasingly moving in sync and responding to the same booms and busts as a result of near-instantaneous communications and interdependent global supply chains. This is a sharp ...