Investing in Inclusive Growth

– Lee Jong-Wha SEOUL – Inequality has skyrocketed in recent decades, and those who have not shared in the fruits of economic growth and development are becoming increasingly frustrated. Some political leaders have responded to rising public discontent with massive...

A Better Populism

CHICAGO – The postwar economic success of liberal democracies was not simply the result of letting markets flourish. The United States and European countries also embedded markets in a structure that allowed people to take the fullest advantage of them. That structure...