Evidence-based answers to the main (policy) questions concerning the return of high inflation.

The multipolar financial world is here. The United States can survive it–but only with major political and economic changes at home. It’s time to start thinking about what those need to be.

In the 19th Century, “hypothecations” provided investors with valuable information on sovereign fiscal resources.

In the era of COVID and digital movements, strikes look radically different from traditional labor strikes.

Contrary to rhetoric from Democrats and Republicans, the U.S. has an economic interest in trade and peace with China

In 1898, upwardly mobile Blacks in Wilmington, NC were terrorized and slaughtered in a violent insurrection that set the stage for Jim Crow–and the next 123 years. Hardly anyone really knows about it.

Texas’s electricity market “reforms” made the current crisis inevitable.

Tax rebates, tax cuts and business bailouts will not solve this crisis. Here’s what’s needed.

The Precariat under Rentier Capitalism Guy Standing We are in the midst of a Global Transformation, analogous to Karl Polanyi’s Great Transformation described in his seminal 1944 book. Whereas Polanyi’s Transformation was about constructing national market systems, today’s is about the painful construction of a global market system. To use Polanyi’s term, the ‘dis-embedded’ phase has been dominated by an ideology of market liberalisation, commodification and privatisation, orchestrated by financial interests, as in his model. The similarities also extend to today’s fundamental challenge, how to construct a ‘re-embedded’ phase, with new systems of regulation, distribution and social protection.

In a world composed of global value chains, headline global trade data can mask the truth about how much exports are actually benefiting a country, according to professor Xiao Jiang from Denison University.