CHICAGO – Economic reporting about China focuses far too much on total GDP and not enough on per capita GDP, which is the more revealing indicator. And this skewed coverage has important implications, because the two indicators paint significantly different pictures of China’s current economic and political situation. They also focus our attention on different issues
President Joe Biden has had some important successes in managing the Covid pandemic, including exceeding his goal of having 100 million people get a Covid shot within the first 100 days of his new administration
U.S.-China decoupling is impacting a wide range of industries. Supply chains in the semiconductor, rare earths, pharma and battery sectors, for example, have been slated for strategic re-shoring within the confines of the U.S., Europe, Japan and beyond
Heirs and hedge fund managers might take a hit, but tens of millions of families and lower-paid young singles will come out ahead with fatter tax credits
ATHENS – Europe has discovered its moral Rubicon, the frontier beyond which commodification becomes intolerable. The line in the sand that Europeans refuse to cross, come what may, has just been drawn
In a decision released, the U.S. Supreme Court ruled in favor of Google in a decade-long dispute with Oracle that has profound implications for the software industry