Demystifying Sovereign Wealth Funds
Opaque, state-controlled investment vehicles, sovereign wealth funds wield enough power to redirect or disrupt global economies.
The Numbers vs. the Lottery
Between the 1960s and 1980s, state governments created lotteries to supplant illegal gambling operations that brought revenue to marginalized communities.
The Georgia Peach: A Labor History
The peach industry represented a new, scientifically driven economy for Georgia, but it also depended on the rhythms and racial stereotypes of cotton farming.
Modern Piracy: Arbitration as Plunder
In a world of globalized trade, an industry of piratical lawyers has arisen to help transnational corporations seize the assets of supposedly sovereign states.
Islands in the Cash Stream
Tiny island states, usually former British colonies, have been re-colonized by global finance and now depend on “archipelago capitalism” for survival.
Why Call for Divestment?
Students are calling for their universities to divest from companies involved in the manufacturing of arms used in Gaza. How effective is this strategy?
Who Took the Cocaine Out of Coca-Cola?
The medical profession saw nothing wrong with offering a cocaine-laced cola to white, middle-class consumers. Selling it to Black Americans was another matter.
Debt-Trap Diplomacy
How justified are recent claims that China has been buying significant quantities of debt to undermine the sovereignty of African nations?
How Government Helped Birth the Advertising Industry
Advertising went from being an embarrassing activity to a legitimate part of every company’s business plans—despite scant evidence that it worked.