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M'sia Developments
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Milton Friedman versus stakeholder capitalism

Jomo Kwame Sundaram KUALA LUMPUR: Milton Friedman was arguably the most influential economist of the second half of the 20th century,...

Shareholder capitalism’s ugly legacy

Shareholder capitalism’s consequences haunt the world and threaten humanity with stagnation and self-destruction.

‘Populist’ macroeconomic policy

Vladimir Popov, Jomo Kwame Sundaram BERLIN, KUALA LUMPUR: ‘Ethno-populism’ has emerged and spread in recent decades in response to the...

Myths of soft budget constraints

In recent decades, many contemporary macroeconomic and financial problems have been blamed on ‘soft budget constraints’.

Trump undermines WHO, UN system

Washington has often had to struggle in recent decades to ensure that it continues to serve changing US interests.