The Putin oligarchs are billionaires who serve at the discretion of the state. The original Yeltsin-type oligarchs owned the state.
Even Chinese entities, if they themselves plan to do business or raise money in the United States, will avoid doing business with Russian entities.
Applying Marx’s theories to today’s Communist China.
Adam Smith was no blind worshipper of the market economy. He pointed to many of the deformations of human behavior that we still deplore today.
Given its inherent sense of superiority, could China — once a global hegemon — be more peaceful than its Western (and especially U.S.) predecessors?
What can solo dining tell us about the way of life we lead?
Why can’t 20th century tools be used to address 21st century income inequality?
Is a world of approximately equal country incomes really possible to envisage any time soon?
Mark Mazower’s “Hitler’s Empire: How the Nazis Ruled Europe” is a magisterial book.