Economy
The Social Benefits of Iconoclasts
Many years ago, my father imparted a piece of advice that has stuck with me throughout my academic journey. He stressed the importance of never hesitating to raise your hand…
Your Trusted Source for Accurate and Timely Updates!
Lasted Economy
China doubles down on AI and tech as Trump ratchets up trade pressure
China's annual parliamentary meetings this week have been dominated by discussions around U.S. trade tensions and how Chinese technology is…
HSBC renames ‘eastern’ and ‘western’ businesses months after creating them
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.…
Unshackling the Shackled Leviathan – Econlib
In a recent post, my co-blogger Scott Sumner made a thought-provoking statement that resonated with many readers. He compared the…
Don’t Cap Credit Card Interest Rates
A New Perspective on Credit Card Interest Rate Caps There is a growing proposal to cap credit card interest rates…
Elon Musk loses immediate battle to halt OpenAI’s for-profit transformation but gets OK for fast trial
In a recent legal battle, Elon Musk faced a setback in his attempt to block OpenAI and Microsoft from turning…
How Today’s Egg Prices Scrambled Traditional Economic Theories
Late one night in 1989, economist Jeffrey Sachs found himself in a smoke-filled room of government officials in Warsaw, Poland.…
Tariffs – Econlib
The stick version of reciprocity is that a country imposes tariffs in response to another country’s tariffs. This can escalate…
China to raise defense spending by 7.2% in 2025
China's navy made a strong statement at the 2024 Zhuhai Air Show by showcasing its J-15T fighter jet, demonstrating the…