by Martin Eiermann* In international comparison, the United States stand out for the wide range of political hopes that are attached to the right to privacy—which covers anything from abortion and contraceptive access to employee claims against workplace surveillance and consumer rights—and for having a uniquely fragmented landscape of privacy laws. The privacy of health-related […]
Community members posts
by Basak Kus* “It is China, more than any other place that has served as the ‘other’ for the modern West’s stories about itself, from Smith and Malthus to Marx and Weber,” wrote historian Kenneth Pomeranz in his book The Great Divergence. The historical origins of the East–West divide—why Europe and China’s developmental trajectories diverged […]
by C.R.Yadu and Sahil Mehra* Within the discourse of Development Economics, the most widely accepted theory is that of ‘structural transformation’ (ST), which posits that, over time, non-agricultural, high productivity, and capitalist sectors will gain greater significance in terms of both national income and employment, while the role of agricultural, low productivity, and non capitalist […]
by Crawford Spence* There is plenty of work out there on financial intermediaries. Most of this can be found in finance or economics journals and displays little evidence of its authors having spent any time with financial intermediaries at all. Rather, studies looking at asset managers or investment bankers tend to be carried out at […]
by Vijay Selvam* Bitcoin has failed. Seventeen years since inception, Bitcoin remains a solution in search of a problem. With its eyewatering volatility, it has flopped as an inflation hedge. The much-touted scarcity of its 21-million-coin cap is rendered meaningless in a landscape teeming with thousands of other cryptocurrencies, each claiming to be scarce in its own […]
by Jawied Nawabi* At least, since the end of WWII the world has advanced significantly in scientific knowledge, technology, and the institutionalization of universal human rights conventions, yet there still prevails enormous levels of inequality, malnutrition, and poverty in the world. With all our advancements in the social sciences in the past seven decades on how […]
by Glory M. Liu* People like to fight over Adam Smith. To some, the Scottish philosopher is the patron saint of capitalism who wrote that great bible of economics, The Wealth of Nations (1776). Its doctrine, his followers claim, is that unfettered markets lead to economic growth, making everyone better off. In Smith’s now-iconic phrase, […]
by Patrick Honohan*, Governor of the Central Bank of Ireland (2009-15) That politicians should leave it to central banks to set interest rates in such a way that price stability is maintained (and restored whenever it is lost), has been an article of faith with most economists, especially since the stagflation of the 1970s given […]
by Tamar Barkay* Are the inverse trajectories of internal corporate social responsibility (CSR) and the decline of organized labor in the past decades linked? If so, how?These questions arise from three widely recognized observations. First, since the 1980s, most OECD countries have experienced a decline in unionization and union density rates (Visser, 2012). Second, following […]
by Donni Wang* ———–* Donni Wang holds a PhD in Classics from Stanford University. Her research on non-capitalist modes of economics in ancient Greece is featured in her book Before the Market: The Political Economy of Olympianism. Now an independent scholar and historian, she is dedicated to paradigm change through both academic and creative approaches. *****While […]