Economy

How socialism stole Venezuela’s oil and how to recover it

Economy Daniel Lacalle - January 12, 2026.

Many commentators state that the United States' intervention in Venezuela is all about oil. However, they seem to ignore the reality of what has happened...

How do we guide the development of technology?

Technology Elise Quevedo - January 11, 2026.

Another CES Las Vegas has come and gone, kicking off the technology events calendar for 2026. The 2026 Consumer Electronics Show showcased new gadgets and how...

Who defines luxury?  - the "Lipstick Effect" in times of crisis

Economy Emre Alkin - January 10, 2026.

Economic crises can profoundly change individuals' consumption behaviours. The term "lipstick effect," which is often mentioned during such times, reflects people's tendency to turn to...

The Limits of Prediction Markets

Economy Erin Lockwood - January 8, 2026.

In early December, Time magazine named the “Architects of AI” its 2025 Person of the Year. The lead-up to this announcement has always generated considerable speculation,...

How the Stock Market Could Sink Trump in 2026

Economy Desmond Lachman - January 7, 2026.

In a recent campaign-style speech, US President Donald Trump asserted that “the only thing that’s really going up, big, it’s called the stock market, and...

Will Japan Be the World’s Next AI Leader?

Technology Hiroshi Mikitani - January 6, 2026.

Pessimism about AI abounds, with many fearing widespread job losses, soaring inequality, and even the creation of deadly machines. In Japan, however, one finds marked optimism....

Should AI be taxed?

Economy Sami Mahroum - January 5, 2026.

New York City Mayor-elect Zohran Mamdani’s pledge to raise the minimum hourly wage to $30 captures a dilemma that is haunting most advanced economies. Even...

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