Workers in emerging economies benefited from globalization and workers in rich countries, on balance, did not. Overturning globalization, however, will neither work nor bring a real improvement to the Western middle classes.
5 April 2024 He became famous around the world with his ‘elefant curve’, a graph showing how Western middle classes are losing their positions in the global income hierarchy. The Serbian-American economist, Branko Milanović visited […]
German economic output is likely to shrink again in 2024, after it has already fallen in the previous year. This is according to the Kiel Institute’s latest autumn forecast. Positive signals in the middle of […]
Another long but excellent article by bill Mitchell concerning where the Left in Europe has to go and how it has to change its thinking. Read here
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