"Jayati Ghosh & Kanchana N. Ruwanpura think the government’s attempt to resolve the balance-of-payments crisis through austerity will backfire."

"Smart machines are meant to work for us, but there are already signs that we will end up working for them. "

>"Go First, the first Indian airline to file for voluntary insolvency proceedings, _...Read More_

This responsible are twin countries

Excellent piece, it discusses how the U.K.'s prioritization of finance over industry, austerity measures, and closed economy approach led to it becoming one of the poorest countries in Western Europe.

>"The European Union reached a provisional deal on Thursday on higher renewable energy targets, an important _...Read More_

>"Apple, Amazon, Tesla… We like to prostrate ourselves to the altar of innovation. So much so, in fact, that we tend to forget that just one catastrophically bad _...Read More_

>"Amazon Inc on Wednesday said it has laid off some employees in its devices group as a person familiar with the company said it still targeted around 10,000 job cuts, including in its retail division and human resources."

>"Ahead of the critical holiday shopping season, the nation’s largest retailer reported stronger-than-expected earnings and signaled confidence with a $20 _...Read More_

>"Kaushik Basu explains why soaring prices fuel popular anger in a way that no other economic indicator can."

"With recent data showing that both inflation and inflation expectations have eased, it would be irresponsible for the US Federal Reserve to create much higher unemployment. Amid so much uncertainty, it should instead pause interest-rate _...Read More_

"Ngaire Woods urges rich countries to bolster the IMF’s ability to prevent and manage crises in lower-income economies."

>"Michael R. Strain worries that the US labor market’s participation rate is continuing its long downward march."

"If Russia were a business, it would be headed for bankruptcy."