by Aseem Gupta | Dec 7, 2024 | Economics, Markets & Money
In December 1989, Japan looked like the country that had solved the future. Its companies dominated automobiles, consumer electronics, cameras, semiconductors, machine tools and precision manufacturing. American executives studied Japanese management methods with a...
by Aseem Gupta | Oct 5, 2024 | Economics, Markets & Money
In the spring of 2022, New York City began receiving an extraordinary number of asylum seekers. The city opened emergency shelters, booked hotel rooms, provided food and medical care, and helped families navigate schools and public services. What began as a...
by Aseem Gupta | Aug 3, 2024 | Economics, Markets & Money
America has rarely looked richer. Its largest companies are worth trillions. Stock markets have repeatedly reached record highs. Homeowners who bought at the right time have watched their properties appreciate dramatically. Total household wealth has climbed to levels...
by Aseem Gupta | Jun 1, 2024 | Economics, Markets & Money
Australia appears to offer almost everything a prosperous society should. It has high incomes, stable institutions, desirable cities, strong public services, spectacular coastlines and an enormous landmass. For generations, homeownership formed part of the national...
by Aseem Gupta | Apr 6, 2024 | Economics, Markets & Money
Canada used to sell a simple promise. Work hard. Find a decent job. Buy a home. Raise a family. Live in a safe neighborhood. Save a little. Retire with dignity. It was not a fantasy. For much of the postwar era, this was the basic middle-class bargain in Canada. The...
by Aseem Gupta | Mar 27, 2024 | Economics, Markets & Money
Switzerland looks like a country designed to lose. It is small. It is landlocked. Much of it is mountainous. It has no ocean ports, no vast oil fields, no great mineral empire, and no single language holding the country together. It sits in the middle of Europe,...