Global Currents

Why do countries need industrial policy?

The case for looking beyond market failures

Jul 7 • Jostein Hauge

31

5

7

June 2026

China may have fewer people living in poverty than the US

One system covers basic needs for its poor while the other doesn't

Jun 12 • Jostein Hauge

59

4

16

May 2026

This is why I’m Chinamaxxing

And you probably should be too

May 28 • Jostein Hauge

133

31

17

March 2026

Why the World Bank changed its mind on industrial policy

The World Bank’s newfound support for industrial policy reveals how economic theory is inseparable from geopolitics

Mar 25 • Jostein Hauge

181

17

55

February 2026

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

81

10

13

Economics is fundamentally political

The dangerous illusion of economics as a value-free science

Feb 19 • Jostein Hauge

416

52

123

Why developing countries can't skip industrialization

The enduring case for manufacturing-led development

Feb 10 • Jostein Hauge

296

20

80

The West is embracing China

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

Feb 3 • Jostein Hauge

30

1

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

57

9

8

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

11

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

36

7

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

113

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