Spring 2024

Why did the Russian economy go into a nosedive? Should one blame Russia? Or the capitalist system and especially financial markets? The crisis built up as the Russian government failed to collect the taxes it needed to finance its expenses. …

Unemployment is not only an economic issue; it is also a political one. No government can afford to ignore it. A flourishing economy and ample jobs give governments legitimacy. They lose legitimacy if the economy stagnates and good jobs become …