The world has never been better. From global poverty to inequality between nations, all the indicators are showing progress. This is a comforting narrative – popularized by the likes of Bill Gates and Steven Pinker. But is it true? Jason Hickel examines the rise of this so-called ‘New Optimism’ and finds a ‘battle cry for the status quo’.
It is customary to contrast Trump and Macron: on one hand the vulgar American businessman with his xenophobic tweets and global warming scepticism; and on the other, the well-educated, enlightened European with his concern for […]
Fifty years ago, there was a very special situation in the global economy: There was a major supply shock, oil prices rose, but oil continued to be consumed in almost unchanged quantities, oil producers made […]
Central bankers have resisted buying into the inflation mania because they know that the current price pressures are temporary and they will only worsen the unemployment if they acted as they did in the past. […]
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