The Plutonomy—AI Edition—and the Coming Crisis
Driven by speculative finance, stagnant wages, and AI hype, today’s tech-heavy economy mirrors the fragile plutonomy that collapsed into the Great Crash of 1929.
Issue 224
6 articles
World Bank Bigwig Blames Economists for Bad Advice
The World Bank's chief economist took Western economists to task for their blind adherence to the market and
The Growth Consensus Unravels
Economics has been called the dismal science, but beneath its gray exterior is a system of belief worthy of Pollyanna.