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Capitalism is having an identity crisis – but it is still the best system

4 years by Daniel Williams

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The 73-year-old Vietnamese refugee is responsible for bringing Sriracha to American consumers

4 years by Daniel Williams

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Electric Truckmaker Rivian, Backed By Amazon, Ford, Raises Whopping $1.3 Billion

3 years by Daniel Williams

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China and Russia compete for Central Asia’s favour

Central Asia’s top brass is on tour. On May 9th presidents of the region’s former Soviet republics were in Moscow, having been roped in as spectators for Vladimir Putin’s annual military parade. […]

China’s state capitalists celebrate their soaring shares

Remember the name: China Science Publishing & Media (cspm) might be the hottest state-owned textbook stock, ever. Shares in the company, which publishes titles such as “Gaseous Detonation Physics and its Universal […]

What performance-enhancing stimulants mean for economic growth

Towards the end of last year America began running short of medicines used to treat attention-deficit hyperactivity disorder (adhd), including Adderall (an amphetamine) and Ritalin (a central-nervous-system stimulant). Nine in ten pharmacies […]

The American credit cycle is at a dangerous point

The celebrated tome “Capital in the Twentieth Century”, by Thomas Piketty, a French economist, runs to 204,000 words—longer even than Homer’s “Odyssey”. But the book’s central argument can be distilled to a […]

The American credit cycle is at a dangerous tipping point

What would humans do in a world of super-AI?

In “Wall-E”, a film that came out in 2008, humans live in what could be described as a world of fully automated luxury communism. Artificially intelligent robots, which take wonderfully diverse forms, […]

What happens if America defaults on its debt?

The American constitution vests legislative power in Congress. Over the coming days the political body may arrogate to itself a metaphysical power: transforming the utterly unthinkable into hard reality. By failing to […]

Robert Lucas was a giant of macroeconomics

Economics is full of equations named after their inventor. Robert Lucas, who died on May 15th aged 85, was different. His name graces something edgier: a “critique”. When he presented an early […]

The financial system is slipping into state control

There exists a centuries-old and fathoms-deep relationship between finance and the state. The great banking houses, such as the Medicis of Florence, were lenders of last resort to rulers at risk of […]

LIBOR will at last be switched off in June

Like slide rules and martini lunches, the London interbank offered rate (libor) was once a fine idea. In 1969 Iran’s central bank was looking for an $80m loan—at the time a hefty […]

Russian human rights group claims 109 arrested during Navalny demonstrations – JURIST

OVD-Info, a Russian human and media rights group on Sunday claimed police arrested at least 109 people during demonstrations supporting imprisoned opposition leader, Alexey Navalny. The group stated two journalists are known […]

Reporters Without Borders: Macau national security law threatens residents and journalists – JURIST

Reporters Without Borders (RSF) denounced on Friday Macau’s decision to expand their national security law, which takes effect this week. The effect of these changes, according to RSF, “increases the pressure on […]

Canada NGOs request federal court block former Israel PM’s visit – JURIST

Canadian non-governmental organizations (NGOs) submitted a court application, known as a mandamus, in federal court Friday urging Canadian Minister of Public Safety Marco Mendicino to deny former Israeli Prime Minister Naftali Bennett […]

Rights group estimates Iran executed at least 140 people in May – JURIST