Whatever comes next in China will be based on the country's traditional value system, which, as MIT's Yasheng Huang emphasizes in his new book, has underpinned high levels of prosperity and innovation ...

Adam Smith’s seminal contributions continue to illuminate the interconnected realms of economic behaviour and moral philosophy. His works, notably The Wealth of Nations and The Theory of Moral ...

As markets, trade, politics, and international relations become increasingly interconnected, mainstream economics finds itself at an intellectual crossroads. Reviving the classical tradition of ...

Once relegated to the junk heap of economic ideas by mainstream policymakers, industrial policies, or state actions to change the composition of economic activity, are making a comeback. In the United ...

Recent geopolitical events and policy announcements have demonstrated an unusual disconnect between significant economic threats and stock market reactions. Financial markets have shown unexpected ...

As the clock ticks toward a potential government shutdown at midnight on October 1, 2025, the looming crisis holds more than just economic consequences. It signals a deepening rift in the nation’s ...

I have a new paper out critiquing the "Law and Political Economy" Project. The Hewlett Foundation funds the project, based at the Yale Law School, as part of its nine-figure war on "neoliberalism." As ...