Political economy

Created
Wed, 01/10/2025 - 12:26
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 […]
Created
Fri, 26/09/2025 - 06:54
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 […]
Created
Sun, 22/06/2025 - 01:25
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 […]
Created
Mon, 25/11/2024 - 05:02
by Rutger Claassen and Ingrid Robeyns Let’s establish an upper limit on the personal wealth any individual can possess. This is the core principle behind ‘limitarianism’. Limitarianism represents one of the more radical proposals in the debate on wealth inequality. Over the past few years, one of us has developed the philosophy of limitarianism (first […]
Created
Sat, 26/10/2024 - 08:21
by Prabhat Patnaik* In his remarkable work The General Theory of Employment, Interest, and Money, John Maynard Keynes said that “the ideas of economists and political philosophers, both when they are right and when they are wrong, are more powerful than is commonly understood. Indeed the world is ruled by little else.” His putting only […]
Created
Mon, 12/08/2024 - 00:16
by Basak Kus* It has now been almost two decades since the 2007-10 financial crisis shattered the exuberance that surrounded American capitalism in the 1990s. The immediate issues the crisis posed—negative growth rates, rising unemployment, and falling stock prices—were addressed long ago. Crises like the Great Recession, however, are more than temporary setbacks; they necessitate […]