Conservative Party wins the British parliamentary majority in the general election with hefty British pound appreciation. In response to this general electi

U.S. federalism and domestic institutional arrangements A given country is federal when both of its national and sub-national governments exercise separa

In an exclusive interview with Bloomberg, President Trump criticizes the World Trade Organization (WTO), proposes indexing capital gains taxes to inflation

Trumpism may now become the new populist world order of economic governance. Populist support contributes to Trump's 2016 presidential election victory

Warren Buffett warns that the current cap ratio of U.S. stock market capitalization to real GDP seems to be much higher than the long-run average benchmark.

Firms and customers create value and wealth together by joining the continual flow of small batches of lean production to the lean consumption of cost-effec