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April 17, 2024

Analysis

New World Order?

Lender(s) of last resort, dollar dominance, and the global financial safety net

We live in a dysfunctional system in which money flows out of the countries that need it most and into the coffers of the wealthiest. In 2023, the private sector collected $68 billion more in interest and principal repayments than…

April 11, 2024

Analysis

The Electric Vehicle Developmental State

BYD exemplifies transformations in Chinese industrial policy

The rise of the Chinese EV industry has been enabled not only by generous government subsidies but also by profound changes in strategy and organization, and in particular by a distinctive revival of vertical integration—at both individual firm and national…

April 10, 2024

Events

Profit and Power

An event with Brett Christophers, Kyle Chan, Melanie Brusseler, and Robinson Meyer.

On April 23, 2024, join us for a discussion on profits, prices, and the green energy transition, on the occasion of Brett Christophers’s new book The Price Is Wrong, featuring: Register here.