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  Bangladesh recently had a new statistic to flaunt- a 26% drop in poverty over the past decade. Yet as encouraging as this macro-economic achievement might be, there is still no reason to get too enthusiastic about it, given that deep seated inequality in Bangladeshi society continues to put the brakes […]

High unemployment and low living standards are forcing women in Northern Hungary to go West and seek work in the sex industry. Where do they come from? The current overall unemployment rate in Hungary stands at 10.3% but there are big regional differences. Unemployment in northern Hungary is 13.3% which […]

The 2012 U.S. presidential candidate Mitt Romney may have drawn guffaws and jeers for his wide-grinned proclamation that “corporations are people,” but there is some truth in that comment. At least in spirit. It’s no secret that the United States government is largely driven by the aims and actions of […]

When Robert A. Johnson founded the Institute for New Economic Thinking, he wanted to make sure the old axioms, what he calls “tribal customs,” were ripped open. His boldness seems to be working. Compared to the countless other acronyms present, the Institute’s work dominated several sessions and impromptu snack table […]

Here is a fictional scenario. I’m a contestant on a quiz show called Who Wants to be a Millionaire. I’ve managed to answer all the questions correctly up to now and there’s only one more question separating me from the million dollar prize. I’m on the edge of my seat […]