Economics

John Maynard Keynes. Foreign Policy illustration/Gordon Anthony/Getty Images

Socialism’s Biggest Hero Is a Bourgeois British Capitalist

John Maynard Keynes felt little solidarity for workers and inspired a century of establishment economics. The West’s revived socialists have adopted him as their own anyway.

U.S. President Donald Trump shakes hands with Japanese Prime Minister Shinzo Abe

Japan Regrets Trusting Trump on Trade

Trade negotiations have left Tokyo giving much and getting little.

U.S. President Donald Trump and French President Emmanuel Macron meet on the sidelines of the NATO summit in London on Dec. 3.

U.S.-Europe Trade War Reerupts in London

As bad as tensions over NATO are, things could get even uglier over France’s new digital services tax.

Former President Mahinda Rajapaksa (L) gestures after taking his oath as the country's new prime minister towards his brother, the newly-elected President Gotabaya Rajapaksa (R), during a ceremony in Colombo on Nov. 21.

The Rajapaksas Will Ruin Sri Lanka’s Economy

Virulent ethnic nationalism and hateful rhetoric toward minorities might win votes, but it will lead the country to economic ruin.

Customs officers destroy counterfeit products

China Bids to Lead World Agency Protecting Intellectual Property 

“Why would you want to put the fox in charge of the henhouse?” says one American expert.

A man walks outside the headquarters of Yandex in Moscow on Oct. 19, 2018.

The Kremlin Has Set Its Sights on Russia’s Private Tech Firms

Like with the oil sector in the 2000s, Moscow wants to nationalize the tech sector. But it is finding that its old strategies don’t work.

Kimberly Reed testifies during her confirmation hearing to become president of the Export-Import Bank on Capitol Hill on July 19, 2018.

Bid to Revive Export-Import Bank Runs Aground

Despite the threat from China and other nations, Republicans still decry what they call “crony capitalism.”

View of Tehran shops that were destroyed after nationwide demonstrations broke out in protest of fuel price hikes and led to widespread destruction of property, on Nov. 20.

Iran Protests Suggest Trump Sanctions Are Inflicting Serious Pain

The regime has survived uprisings in the past. But now it is starting to kill demonstrators in great numbers.

An Indian technician inspects components on an assembly line at Highly Electrical Appliances India Pvt. Ltd. outside of Ahmedabad on Dec. 8, 2016.

Modi Was Right. India Isn’t Ready for Free Trade.

Until the country can address its own economic problems, agreements like the RCEP may do more harm than good.

People take pictures during the opening ceremony for the Shanghai Stock Exchange's Sci-Tech Innovation Board in Shanghai on July 22, 2019.

If the United States Doesn’t Make The Rules, China Will

Progressives need to learn how to use American market power for good.

At least three barges and one ship, the Courier, ran aground after they broke free from their moorings during Hurricane Gustav in New Orleans on Sept. 2, 2008.

Climate Change Is Coming for Global Trade

As sea levels rise and storms become fiercer, container shipping could be in for major disruptions.

Japanese women dressed in kimonos take a ride on a roller coaster

Japan’s Topsy-Turvy Economy Is the United States’ Economic Future

The Japanese economy has been living in a fantasy world for decades, and the U.S. economy could soon be joining it there.

Shipping containers at the Port of Los Angeles, one of the main gateways for trade with Asia and which is suffering lower cargo volumes due to the trade war, on Nov. 7.

Does Trump Have a China Trade Deal Yet or What?

Sort of. If you can call it that. Pity about all the lost billions of dollars.

Saudi Crown Prince Mohammed bin Salman gestures during a press conference in Riyadh on April 25, 2016.

Mohammed bin Salman Is Having a Fire Sale of His Political Power

Saudi Arabia’s crown prince will take money from investors in the national oil company—but he’ll be giving up far more than he thinks.

Indian farmers burn an effigy of Prime Minister Narendra Modi, protesting plans to join the Regional Comprehensive Economic Partnership trade pact, on Sept. 15.

While Trump Builds Tariff Walls, Asia Bets on Free Trade

It’s crunch time for the biggest trade deal you’ve never heard of.

Load 10 More Articles