Servaas Storm

The World Bank and IMF say developing economies can’t afford to have strong labor laws. Actually, they can’t afford not to.

Labor market regulation is a controversial area of public policy in both developed and developing countries.

By pushing workers into precarious, part-time work, “Third Way” governments of the past 20 years helped to create the disturbing economic trend that’s vexing orthodox economists

Banks have long had undue influence in society. But with the rapid expansion of a financial sector that transforms all debts and assets into tradable commodities, we are faced with something far worse: financial markets with an only abstract, inflated, and destabilizing relationship with the real economy. To prevent another crisis, finance must be domesticated and turned into a useful servant of society.