In most emerging and developing countries, COVID-19 is causing an economic hurricane, the worst crisis the Bretton Woods institutions have experienced in 76 years. Their response so far has been both admirably fast and utterly inadequate.

Ricardo Hausmann

Two recent books indicate that a quiet revolution is challenging the foundations of economics, promising radical changes in how we view many aspects of organisations, public policy, and even social life.

Ricardo Hausmann | 1 comment

Investing often creates moral dilemmas over goals. Should decent people put their money in emerging-market bond funds?

Ricardo Hausmann