Regional authorities require real teeth to protect their towns from big shocks like factory closures.
Parliaments might argue more but they make democracy more stable and produce stronger economies.
As Trump prepares to deliver his delayed State of the Union address, here's what four economists had to say about the state of the union.
The Conversation has assembled a forecasting team of 19 academic economists from 12 universities across six states. Together, they assign a 25% probability to a recession within two years.
An obsession with GDP growth fails to account for some of society's most pressing problems.
There is a plethora of highly troubling issues facing the global economy that are caused, in part, by globalisation.
As fears of a US-China trade war grow, the eurozone is starting to look like a rock.
A look at key data shows that the world is much better off today than ever before in history.
Wage-increases can end austerity.
Sovereign access to the Pacific would bring Bolivia significant economic benefits.
With so much attention focused on what agreements come out of COP24, protesters should be seizing the initiative to attack the root causes of climate change.
The long shadows of Cambodia’s edifices of wealth and progress conceal a deeper darkness.
South Africa's president has firmly thrown his weight behind the private sector. This could prove significant.
As well as having dangerous social and political consequences, a Bolsonaro presidency would mark a massive shift for Brazil's economy, too.
Paul Romer and William Nordhaus both developed the field of economic growth.
Austerity policies cut Britain's brief recovery from the financial short and brought recession, stagnation and growing poverty.
Can happiness really be mapped?
House prices in London fell by 0.6% in June after years of high growth.
Governments can't undo the technological changes behind frozen wages and rising inequality. The best policy is to invest in education and training to give workers skills of value in the new economy.
News that Australian CEO pay has soared to a 17-year high at a time when ordinary workers' wages are flatlining is ultimately bad news for economic growth and prosperity.