Often cited, seldom read. Branko Milanovic finally reads the whole of Adam Smith’s The Wealth of Nations and reflects upon its meaning.
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Branko Milanovic: The bitterness of Adam Smith
Corruption
Dani Rodrik: What’s Been Stopping the Left?
Rodrik does not go far enough in his analysis. The problem is that the traditional Left, especially in Europe, has become completely corrupted. It has been occupied by opportunists who have one goal: getting rich. […]
Economics
France 24: Haiti’s colonial debt burden sparks debate — but official silence
A newspaper expose has reignited debate over the ongoing legacy of debts that Haiti was forced to pay to former colonial ruler France in the 19th century — but the country’s elites are surprisingly keen […]
Economics
Tim Wu: The Tyranny of Convenience
Our taste for convenience begets more convenience, through a combination of the economics of scale and the power of habit. The easier it is to use Amazon, the more powerful Amazon becomes — and thus […]
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