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5 min

The Persistence of Manufacturing in Deindustrialized America

Over the past three decades, the American manufacturing has been characterized by a marked decline in employment rates. We hear much ...

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6 min

Is Democracy Intrinsic to Economic Development?

Over the past three decades, debate around the trade-off between democracy and development has acquired more visibility in academic circles.

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14 min

Swimming Against the Tide: The Robust Role of the State in the Era of Knowledge-Based Economy

There have been numerous growth models presented by economists since the early emergence of capitalism as a new form of organizing ...

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5 min

Why Developed Countries Should Lead the Carbon Tax

This week, climate change is enjoying renewed and deserved attention. Following the release of an alarming UN report on global warming’s...

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8 min

What Is Good for Banks is Not Good for the Economy

Economists and analysts of the 2007-2009 financial meltdown usually take the domestic housing and securities markets as the point of ...

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