Tag: economics
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With years of public investment and plenty of penetration for its phone makers, China is well placed to establish a digital currency in Africa. Since the mid 2000s, China has… more ›
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One of the world’s top 10 richest men is Indian, but nearly a fourth of the world’s poorest people live in India. And Covid-19 only made this paradox worse. “The pandemic has reinforced some… more ›
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Mukesh Ambani has spent years trying to turn his inherited oil business into a tech empire. In 2020, that pivot really kicked into overdrive. https://www.cnn.com/2021/01/18/tech/mukesh-ambani-reliance-jio-2021/index.html more ›
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This is the Virtual Economy. An agglomeration of sophisticated platforms, fledgling and often dubious marketplaces, skilled nixers, volatile assets, and ambitious pioneers that exist or operate uniquely in virtual environments.… more ›
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The sustainability of nations and the defensibility of platforms is better when wealth isn’t concentrated in the top 1%. In the real world, a healthy middle class is critical for… more ›
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The new and emergent global financial system will be overwhelming in scale and complexity. It will exert an unprecedented influence over the daily lives of everyone on the planet. more ›
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Capitalism rules the world. With only the most minor exceptions, the entire globe now organizes economic production the same way: labor is voluntary, capital is mostly in private hands, and… more ›
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Gain a global perspective on the US and go beyond with curated news and analysis from 600 journalists in 50+ countries covering politics, business, innovation, trends and more. https://www.ft.com/content/b53bdaf3-2e11-4834-a260-5f3cb76cdeb9 more ›
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The fortunes of the super-rich have reached staggering levels, and for decades, inequality’s been rising. To get a sense of the scale of the problem, here are three sources. https://thecorrespondent.com/712/theres-no-such-thing-as-a-self-made-billionaire/901152214776-cf03048a more ›