Inequality in the US has risen a lot during the past few decades. This has sparked outrage among segments of the public, raised concern among economists and other social scientists, and revitalised America’s socialist movement. Much of the debate has been driven by the work of three French economists — Thomas Piketty, Emmanuel Saez and Gabriel Zucman. The trio has ...

The next big thing for big tobacco has turned into a bit of a nightmare. Vaping took off as a potentially healthier alternative to smoking for adults looking to kick the habit. But then it caught on with a whole new generation, sparking a teen epidemic in the US and fears that they could graduate to smoking traditional cigarettes. Matters ...

A young labour force, a real estate boom, a politically stable Communist-led country that can reap riches through exports and a friendly relationship with the US — many have compared Vietnam to what China was more than two decades ago. Add one more trait to this mix as we enter the 2020s: profitless prosperity. With Vietnam quickly moving up the ...