Services Now Outpace Manufacturing as the Engine of Development
In India, a worker who leaves the factory floor for services now adds more to national income.
How I Became a Manufacturing Skeptic
The industrialization-led growth model is faltering. Developing economies’ best hope now lies in raising productivity across labour-absorbing services.
Beyond Affordability: Why an Economy Built Only for Consumers Fails Everyone
Progressive politics has rediscovered affordability, but an economic agenda that ignores the dignity and quality of work is only half a strategy.
The World Needs Europe to Get Its Act Together – Fast
If Europe is to assert itself on the global stage it needs to restore its self-confidence. Europe’s leaders must have the courage to chart their own course.
Industrial Policy 2.0: The Service Sector Path to Shared Prosperity
We must address climate change, inequality, and poverty simultaneously, but prevailing economic approaches are failing; solutions lie in an updated, experimental industrial policy focused on green and productive service job
Why Europe Needs an Industrial Policy for Services
Manufacturing can’t create jobs anymore. Services must step up—with smart policy to boost productivity.
When Ideology Trumps Economic Interests
The fall of Biden’s green subsidies reveals ideology, not economics, as the true force in US politics.
The Coming Showdown in Trumpworld
Trump’s elite backers—economic nationalists, Wall Street, and the techno-right—may soon fracture over conflicting agendas.
Trump’s Trade Tariffs: Economic Weapon or Self-Inflicted Wound?
Trump’s sweeping tariffs promise to reshape global trade.
A better deal for the world’s workers
Boosting earnings and the dignity of work requires strengthening bargaining power and supplying good jobs to those who most need them.
The public’s business
‘Stakeholder capitalism’ has been promoted to balance the market and society but ultimately the only solution is to make firms more democratic.
New firms for a new era
Societies should not allow firms’ owners and their agents to drive the discussion about reforming corporate governance.
Should we worry about income gaps within or between countries?
The rise of populist nationalism throughout the west has been fuelled partly by a clash between the objectives of equity in rich countries and higher living standards in poor countries.
What’s driving populism?
If authoritarian populism is rooted in economics, then the appropriate remedy is a populism of another kind—targeting economic injustice and inclusion—but pluralist in its politics and not necessarily damaging to democracy.
Can Trade Agreements Be A Friend To Labour?
Labour advocates have long complained that international trade agreements are driven by corporate agendas and pay little attention to the interests of working people. The
How To Avoid A Trade War
Defying common sense as well as business and financial elites, US President Donald Trump seems to relish the prospect of a trade war. On July