Recent Posts

Xi and Putin just wrapped up talks in Moscow: What does it mean for the war in Ukraine and China’s global standing?

It’s a friendship testing the limits. Chinese leader Xi Jinping left Russia on Wednesday after three days of talks with Russian President Vladimir Putin, in which Putin endorsed China’s “peace plan” for Ukraine and the two leaders stressed the need to “respect legitimate security concerns of all countries” to end …

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Future Scenarios in Ukraine

[The Russian invasion of Ukraine started in February 2022. With the aim of over-viewing what happened from the beginning of the war, to reflect on the role of NATO, and to consider possible future scenarios, Marcello Musto conducted a roundtable interview with three internationally well-known scholars from the Marxist tradition: …

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Is A Monster UBS Bank Bad For Switzerland? – Analysis

The dramatic takeover of Credit Suisse by UBS has concentrated all the risk of the rescue onto the shoulders of one Swiss bank. That makes some people in Switzerland very nervous. The Swiss government seems determined to see the CHF3 billion ($3.25 billion) takeover completed by the end of this …

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Statism Is Destroying Real Wages – OpEd

When we read about the US economy, we often get wage growth as a signal of a strong labor market. It is hardly a strong market when the labor participation rate and the employment to population ratio are both below the February 2020 level and have been stagnant for months. …

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