Inflation is usually treated as a national problem, to be managed through domestic monetary and fiscal policy. But its striking synchronization across countries suggests another story, one where it is shaped by global production, capital mobility, currency hierarchies, and the international distribution of economic power.

By Carlo D'Ippoliti, Lucio Gobbi, and ​Daniele Tori

America helped pioneer the electric-vehicle revolution, yet today no major EV battery maker is based in the United States. Asia’s dominance reveals how sustained investment, organizational capabilities, and America’s embrace of shareholder value reshaped the global race for a critical technology.

By Matt Hopkins and William Lazonick

The collapse of America’s political center isn’t a mystery. What looks like a sudden political crisis is really the result of an economy that’s been quietly abandoning ordinary workers for decades.

By Thomas Ferguson, Servaas Storm, and Jie Chen

Senate Finance Committee Democrats have invited outside evidence and proposals for their next health-care agenda. Their critique of insurers has force, but the remedies leave most of the system untouched, risking further disappointment unless reform reaches hospitals and entire conglomerates.

By Phillip Alvelda and Thomas Ferguson

As America marks 250 years of independence, Adam Smith is again being pressed into service as a founding myth. A deeper reading of The Wealth of Nations reveals a far richer thinker than today’s easy invocations of markets and liberty suggest.

By Alessandro Roncaglia

Equality runs deeper than preference or policy fashion, rooted in human social instincts and reflected in outcomes across societies. It is time for economics and policy alike to reckon with how profoundly distribution shapes well-being and social stability.

By Mark Glick, Gabriel Lozada, and Darren Bush