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The financial services industry needs fewer banks worldwide. As long as banks have existed in human history, their managers have realized how not all dep

The U.S. bank oligarchy has become bigger, more profitable, and more resistant to public regulation after the global financial crisis. Simon Johnson and

The Trump administration still expects to reach a Sino-U.S. trade agreement with a better mechanism for intellectual property protection and enforcement. Pr

Yale economist Stephen Roach warns that America has much to lose from the current trade war with China for a few reasons. First, America is highly dependent

The heuristic rule of *accumulative advantage* suggests that a small fraction of the population enjoys a large proportion of both capital and wealth creatio

American state attorneys general begin bipartisan antitrust investigations into the market power and corporate behavior of central tech titans such as Apple