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Why do market-centric fixes for “unequal exchange” fall short? Sidelining social relations and production power turns colonialism into a pricing problem—and hides the mechanisms that keep uneven development in place.

National States and Conflicting Economic Priorities in the Making of the European Monetary System

A report from the Commission on Global Economic Transformation’s meeting in West Africa

The illusion of black swan-proofing

What are the 100 most pertinent economic questions facing our global societ?

While many countries throughout the world have faced severe financial crises over the last decades, and while the Japanese stagnation and the 1997 Asian financial crisis did induce some additional interest for the introduction of banking and finance in macroeconomic theory, it is only with the advent of the US subprime financial crisis that macroeconomic and monetary theories put forward by mainstream economists have started to be questioned.

In “celebration” of the late Pete Peterson’s 92nd birthday (see guest list), an excerpt from 19th Century historian Lord Macaulay’s History of England, on hundreds of years of unwarranted panic about government debt.

New economic thinking has the potential to make political debates far more productive

How a Banking Union Has Created Deep Divisions that Undermine the Eurozone’s Stability

Hot on the heels of the BIS, now comes the IMF Global Financial Stability report, “Corporate Leverage in Emerging Markets–A Concern?”. Yes, a concern, and just in time for the annual meeting in Peru next week.

After years of amassing power, the tide is turning against the tech monopolies

Demand, Secular Stagnation and the Vanishing Middle-Class

US regulators can step in to ensure drug pricing both supports patient access and drug development

In this interview, Folashadé Soulé and Camilla Toulmin discuss with Edward K. Brown, Senior Director, Research and Advisory services at the African Center for Economic Transformation (ACET) based in Accra, Ghana, on the effects of COVID-19 on regional integration and economic transformation in Africa, and the role of ACET and African think tanks in advising African governments respond to the crisis.