Recent Posts

Online wildlife trade needs coordinated fight

  The online illegal wildlife trade is a roaring business today. And despite laws to stop the unholy practice, it goes on unabated. From cheetahs and bears to snakes, monkeys and mynahs, some websites advertise sale of exotic animals in blatant disregard of legislations and with unthinkable impunity. In 2014, a probe found that around 33,006 endangered wildlife and wildlife ...

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US corporate-tax reform is just around the corner

  For all the partisan squabbling in this bizarre election year, a consensus has emerged in one important area: The U.S. corporate-tax system is broken. No matter who wins on Nov. 8, there’s surprising agreement that change is coming. To get ready, think tanks are pumping out reform proposals, tax experts are updating their research and Congress is holding hearings. ...

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Breaking the spell that grips the economics field

Back in the aftermath of the 2008 crisis, there were a lot of people criticizing macroeconomics, and rightly so. Macro models had failed to include finance, and thus had failed to spot the warning signs in the runup to the crisis. Overconfident macroeconomists had declared that the “central problem of depression-prevention has been solved,” only to be caught flat-footed by ...

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