While the Western European countries are themselves still reeling under the pressure of the 2008 financial crisis that shook not just their economic but societal and even security foundations and brought them to the verge of bankruptcies; where would all these FDI investment monies come from? Recently the Indian CabinetRead More →

Free market economics hasn’t been faring well lately, or so it might seem. Donald Trump rode to the American presidency in part with an attack on free trade, including the synergistic and successful North American Free Trade Agreement (Nafta). Much has been made of a 2016 Harvard poll that purportedRead More →

Open, competitive markets have a resilient capacity to successfully coordinate the actions of billions of people around the world. With an amazing adaptability to changing circumstances, the actions and reactions of suppliers and demanders are brought into balance with each other. Yet, none of this requires government planning or control.Read More →

shutterstock. italianestro/Shutterstock Kevin Albertson, Manchester Metropolitan University It hardly needs saying, but there are changes afoot in the political economy of the world. Where there is globalisation, there are globalisation protestors. This is nothing new, but it is becoming mainstream. The antithesis of globalisation, nationalism, and the pursuit of yourRead More →