Archive

A “global saving glut” was invented by Ben Bernanke in 2005 as a label for positive net lending (imports exceeding exports) to the American economy by the rest of the world. However, there is a more plausible explanation for the persistent trade imbalance between the US and its major trading partners.

Despite post-2008 regulations, the boom-bust credit cycle continues to run wild

Chioma Agwuegbo of TechHer Nigeria, talks to Folashadé Soulé and Herbert Mba Aki about how the pandemic is impacting young people in Nigeria, especially young women, and how African youth are tackling the crisis.

Mainstream economics ignores historical and structural factors by design

Margaret Heffernan’s new book “Uncharted” warns against giving up the power to shape our destiny to gurus and gadgets promising false certainty.

When people recognize just how dangerous covid is, they worry more about the economy

In this conversation with Folashadé Soulé and Camilla Toulmin, Pr Njuguna Ndung’u, a Kenyan economist, Director of the African Economic Research Consortium (AERC), a pan-African organization devoted to the advancement of economic policy research and training in sub-Saharan Africa, and former Governor of the Central Bank of Kenya (2007-2015) analyses how the pandemic creates more fragility in African economies, but also how reforms could be implemented during this crisis; and the urgent need for investment in strong health institutional capacities

That’s the amount of buybacks U.S. corporations funneled to shareholders during the past decade—rather than invest in technologies for the common good. This article is being published jointly by INET and The American Prospect

Colleges and universities need to be saved, not only from financial ruin, but also, all too often, from themselves.

How and Why Bankers Still Enjoy a Global Rescue Network

To fulfill MLK’s vision of jobs and freedom for Black Americans, Washington must rein in corporate greed

Coming out of the Great Depression, America built a middle class, but systematic discrimination kept most African-American families from being part of it

To fight COVID-19, the EU must recognize that spending restraints have to go

Researchers reveal the enemies to stability and prosperity that threaten us all.

Gilead’s shareholders want exorbitant profits from Remdesivir, even though it was the public that enabled its development.