South Korea confronts ‘growth without jobs’ as chip profits surge
Economy Lee Jae Myung’s administration planning permanent fund to share gains from AI boom South Korean President Lee…
Honey, Who Shrunk the U.S. Income Surplus?
Matthew Higgins and Thomas Klitgaard Foreign holdings of U.S. financial assets are immense, with official estimates putting their…
A Tale of Two Economies: Greek Banks Thrive While Workers Struggle
The 2025 fiscal year was exceptionally profitable for Greece’s systemic banks, with combined net earnings surpassing €4.6 billion.…
Geoffrey Hinton says AI will cause massive unemployment and send profits soaring
Pioneering computer scientist Geoffrey Hinton, whose work has earned him a Nobel Prize and the moniker “godfather of…