In The News

The two major parties in the US are at odds on many issues, but actions and agendas of both in recent months reveal growing mistrust for a global economy and global competition. In recent years, the developed world has steadily lost manufacturing jobs to developing nations with few environmental protections. Wages remain stagnant, and many workers claim they have not experienced globalization’s...

As lead exporter in many types of products, China takes pride in serving as factory to the world. But a spate of tainted products and recalls involving goods made in China gives many global consumers pause. China’s reaction includes denials, scapegoating and even the fast execution of one government official accused of taking bribes to allow production of shoddy goods. But the government has also...

Heath-care costs are becoming a higher proportion of national economies in western countries. Former senior official of the IMF, Kenneth Rogoff says when governments provide for health services that constitute one third of national incomes, health-care socialism becomes plain Marxism – based on the principle ‘to each according to his needs”. As the aging population increasingly requires...