Economics
On May 28, 2025, U.S. Secretary of State Marco Rubio announced that the United States will begin revoking visas of select Chinese students, particularly those studying in “critical fields” or with connections to the Chinese Communist Party. This move, under President Donald Trump’s administration, is part of a broader effort to scrutinize U.S.-China…
Inflation, the general rise in prices over time, is a crucial economic indicator influencing monetary policy, investment decisions, and household welfare. As economies around the world navigate a post-pandemic recovery, energy shocks, supply chain disruptions, and shifting labor markets, inflation has emerged as a central concern.…
The United States allocates nearly $1 trillion annually to defense, emphasizing global military dominance, while China spends significantly less on its military but balances this with robust investment in education. China’s strategy includes modernizing its armed forces and expanding access to quality education, aiming to strengthen long-term economic and technological capabilities.…
Universal Basic Income (UBI) has transitioned from a fringe economic idea to a mainstream policy discussion in the face of automation, widening inequality, and labor market precarity. As governments experiment with unconditional cash transfers, economists, policymakers, and citizens debate its long-term feasibility, moral foundations, and macroeconomic implications.…
The rapid expansion of digital business models has disrupted traditional tax frameworks, leaving many governments unable to fairly tax profits derived from their markets. In response, numerous countries have implemented or proposed Digital Services Taxes (DSTs) to capture revenue from digital giants operating across borders.…
Inflation targeting—monetary policy’s north star for much of the 21st century—faces renewed scrutiny in the wake of unprecedented global shocks. Central banks from the U.S. Federal Reserve to the European Central Bank (ECB) have struggled to balance inflation control with economic recovery in the aftermath of COVID-19, global supply chain disruptions, and geopolitical conflicts like the war in Ukraine.…
As medical advancements, healthier lifestyles, and biotechnology extend human lifespans, the world is facing a new economic frontier: longevity. With populations aging and centenarians on the rise, the global economy is being quietly transformed. From pension systems and labor markets to insurance and healthcare, living longer presents both opportunities and existential financial challenges.…
Space—the final frontier—may soon become the next frontier of economic opportunity. With the depletion of Earth’s rare minerals, rising technological capabilities, and growing interest from governments and billionaires alike, space mining is emerging from science fiction into economic reality. The extraction of valuable resources from asteroids and other celestial bodies could revolutionize everything from technology manufacturing to energy systems and even reshape geopolitics.…
As digital currencies, AI-driven trading, and global financial crises transform the economic landscape, a new field is quietly revolutionizing how we understand human behavior in markets: neuroeconomics. Combining neuroscience, psychology, and economics, neuroeconomics explores how the brain makes decisions involving risk, value, reward, and uncertainty.…
Real estate has long been seen as a cornerstone of wealth building—but traditional property investment is often expensive, illiquid, and bureaucratic. Enter tokenized real estate: the process of representing ownership rights in real estate as digital tokens on a blockchain. This innovation promises to democratize property investment, unlock liquidity, and transform how we buy, sell, and manage real estate assets.…