Oct 20, 20204 minLimited liability: Profit without responsibilityLimited liability protection has encouraged irresponsibility, causing much harm while generating profits without responsibility
Oct 20, 20204 minLimited liability: Profit without responsibilityJomo Kwame Sundaram KUALA LUMPUR: Limited liability protection for shareholders in joint stock companies was introduced to encourage...
Oct 13, 20205 minMilton Friedman versus stakeholder capitalismJomo Kwame Sundaram KUALA LUMPUR: Milton Friedman was arguably the most influential economist of the second half of the 20th century,...
Sep 27, 20205 minShareholder capitalism’s ugly legacyShareholder capitalism’s consequences haunt the world and threaten humanity with stagnation and self-destruction.
Sep 21, 20204 min‘Populist’ macroeconomic policyVladimir Popov, Jomo Kwame Sundaram BERLIN, KUALA LUMPUR: ‘Ethno-populism’ has emerged and spread in recent decades in response to the...
Sep 14, 20204 minMyths of soft budget constraints In recent decades, many contemporary macroeconomic and financial problems have been blamed on ‘soft budget constraints’.
Sep 6, 20205 minRegressive taxation must be reversedWhile some economies once had progressive tax systems, recent decades have seen regression.
Aug 31, 20204 minTrump undermines WHO, UN systemWashington has often had to struggle in recent decades to ensure that it continues to serve changing US interests.
Aug 22, 20201 minFormer UN official calls out failing African Green Revolution: Replacing Hunger with Malnutrition
