Media outlets often claim Americans are wealthier than Europeans, but it's not true. Average wealth looks high, but is skewed by extreme inequality. US...
Donald Trump visited Beijing alongside the billionaire CEOs of a dozen top US corporations. His failure to pressure China to meet his demands demonstrated...
How do China's government, political system, and socialist market economy work? How does it see democracy? Prominent Chinese academic Zhang Weiwei explains in this...
Donald Trump's tariffs are benefiting rich elites at the expense of the majority of the population, argues economist Michael Hudson. He explains how the...
Argentina's libertarian President Javier Milei is promoting crypto scams and overseeing rapid deindustrialization. Manufacturing and construction are collapsing, while the financial sector, mining, and...
Donald Trump's tariffs will likely backfire, hurt the United States, and accelerate the decline of US dominance, argue political economists Radhika Desai, Michael Hudson,...