Economy
Can Anthony Albanese Fix Australia’s Housing Crisis?
“Pre-election, [Labor] announced some sound long-term policies. But we need urgent action now.”
Are We in a Recession? Depends What Side of the Culture War You’re On
Debates over whether to call our economic downturn a recession are more political than technical.
He Wanted a Home and a Wife. China’s Property Crisis Left Him With Neither.
Hundreds of thousands of Chinese homebuyers are walking away from their mortgage.
Gas Prices Are Going Down. Has Anybody Noticed?
Experts increasingly say people just want to complain.
Venture Capitalists Say the Era of Recklessly Burning Cash Is Over
After a decade of funding theoretical promise and growth at all costs, VCs say careful spending, boring businesses, and solid unit economics are back in style. “We are now in an era of profitability," one said.
Don’t Blame Inflation on Stimulus Checks. Blame It on Corporate Greed.
Pundits blame stimmies and wage growth for inflation, and say pain for average people is the remedy. It's not true.
Are We Headed for a Recession? Ask Sex Workers.
Some adult content creators say business is down—but it’s hard to say whether it’s the economy or the ongoing war on porn.
Some Russian Banks Have Been Cut From SWIFT Financial System
The move will make it impossible for certain Russian institutions to access the global banking system, a major move that will have many knock-on ramifications.
What Would Happen If All Young People Gave Up 'Luxuries' to Buy a House?
We asked financial analysts and economists what would happen if an entire generation cuts down on Netflix, Easyjet holidays and lattes.
What the Black Death’s Labor Shortage Can Tell Us About Our Own
It turns out, the Black Death and the COVID-19 pandemic have something in common: workers wanting more from their bosses.