Global Currents

China developed by defying free trade — not embracing it

How China fought tooth and nail with state intervention to escape a subordinate position in the world economy

Feb 26 • Jostein Hauge

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7

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Economics is fundamentally political

The dangerous illusion of economics as a value-free science

Feb 19 • Jostein Hauge

190

26

59

Why developing countries can't skip industrialization

The enduring case for manufacturing-led development

Feb 10 • Jostein Hauge

191

15

55

The West is embracing China

Western leaders are lining up in Beijing to strengthen ties with Xi

Feb 3 • Jostein Hauge

25

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4

January 2026

The three blows that killed the rules-based international order

At this year’s World Economic Forum in Davos, Mark Carney delivered a speech that will likely be remembered as a watershed moment.

Jan 27 • Jostein Hauge

47

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December 2025

Trump's National Security Strategy calls for more global domination

The Trump administration wants to replace liberal internationalism with explicit economic and regional dominance

Dec 22, 2025 • Jostein Hauge

12

2

5

Industrial policy returns as a weapon of national security

The US, China, and Europe are racing to dominate strategic industries. Here's what that means for the world economy.

Dec 16, 2025 • Jostein Hauge

35

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14

October 2025

Economics has an elitism problem

A handful of elite universities control the discipline. That’s not excellence — it’s monopoly.

Oct 30, 2025 • Jostein Hauge

99

12

28

When hegemony masquerades as “common sense”: the US narrative war on China

US discourse casts China as a villain to sustain its global dominance

Oct 23, 2025 • Jostein Hauge

61

7

22

August 2025

The climate crisis won't be solved by tinkering with markets

It's time for a more progressive approach to green industrial policy

Aug 11, 2025 • Jostein Hauge

24

5

6

How economics lost its soul

Universities are training economists who can build models but don't understand the economy

Aug 4, 2025 • Jostein Hauge

211

37

59

July 2025

China is fundamentally socialist, not capitalist

In socialist economies, the interests of private capital don't prevail over the interests of the ruling party

Jul 29, 2025 • Jostein Hauge

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