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Strike against inequality

This past Thursday night, just hours before the expiration of the United Auto Workers contract with Detroit’s Big Three, UAW president Shawn Fain had plenty on his mind. Most of…

Countering illicit financial flows

The illicit movement of funds is a global challenge, threatening domestic and international financial systems. The United Nations Office on Drugs and Crimes (UNODC) has recently highlighted that the total…

Excessive wealth disorder

If Dustin Hoffman should ever do a remake of The Graduate, the classic 1967 film that launched his famed cinematic career, what might be the 2020s update for that film’s…

What impact will sanctions have on Russia and the world?

Russia’s economy will likely suffer significantly from the raft of sanctions imposed following Moscow’s invasion of Ukraine, despite attempts to reduce its financial interdependence with Western countries in recent years.…

The missing role of government in markets

The extractive institutional design, perpetuated under the garb of neoliberal thought process and created by the collusion of the politico-economic elites, limited the role of government in markets. This they…

Reaching and implementing correct prices

Most economists rightly emphasize the role of the state in providing public goods and correcting market failures, but they often neglect the history of how markets came into being in…

Unmasking the ‘Mafias’

Lately the so-called ‘Mafias’ are being increasingly blamed for almost all the ills that the national economy is currently suffering from. They are being particularly accused of hoarding, black marketing…

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