A sculpture of an oil pump held by a human hand stands outside the headquarters of Venezuela’s state-owned oil company.
AP Photo/Fernando Llano
Can a new government, perhaps by shoring up democracy and oversight, harness this commodity for peace and prosperity?
Britain has long dreamed of breaking away from the European continent but global trade has never replaced links with its close neighbours.
A look at key data shows that the world is much better off today than ever before in history.
In 1930, John Maynard Keynes predicted a 15-hour work week – working three hours a day – within a few generations.
The idea of reduced working hours was once seen as an essential indicator of progress. It's time it was again.
The Bitcoin bubble is perhaps the most extreme speculative bubble since the late 19th century.
From a peak of US$19,783, Bitcoin's value has fallen by 80%. What makes Bitcoin worth anything?
In the shadow of the pyramids of Giza, lie the tombs of the courtiers and officials who built these vast structures.
John Stillwell/PA Wire/PA Images
Some estimates say the World Cup will bring a £1.6 billion boost to the UK economy. Do they stack up?
Flagbearers at the opening ceremony of the 2018 Commonwealth Games in the Gold Coast, Australia.
Why the Commonwealth trade advantage isn't all that strong.
Floraes Mallewagen (Flora's wagon of fools): Hendrik Gerritsz Pot, c1640 (photo: Laura Blanchard)
Bitcoin is being compared to tulips, but I researched tulip mania for years and found no evidence of mass bankruptcies or economic meltdown.
There are signs that non-rich Americans are growing less tolerant of tax cuts that mainly boost the wealthy’s bottom line.
Historically, wishful thinking has blunted pushback.
just simple via Shutterstock
When Enlightenment thinkers were looking for a way to build a healthy and productive society, they hit upon the tuber.
Spinning, Warping and Weaving the Wool (1594-1596) by Isaac Claesz. van Swanenburg.
By permission of the Museum De Lakenhal, Leiden
In 15th and 16th century France, two female textile guilds - comprised of single women and wives working independently of their husbands - wielded great power. By the end of the 18th century, they had been dismantled.
Consumers are faced with more economic uncertainty than the bottoming out of interest rates would otherwise suggest.
If the stars align, consumers will benefit from increased economic activity in the short term. And if they don't, then the economic recovery will have consumers saving more in uncertain times.
A curriculum can't be decolonised by simply removing content. This denies students the chance to participate in local policy debates and the global job market. A more nuanced approach is needed.
The work of Douglass North, who died last week, continues to inspire studies of economic history.
North's work and life should be celebrated as it continues to inspire studies of economic history.
China is Australia’s most important trading partner and a growing source of investment.
The “national interest”, at least as far as economic policy is concerned, has always been a contested compromise and a consequence of the relative political influence of domestic forces.
When the global economy runs on bubbles.
In the shadow of a history-repeating Black Monday, it’s useful to step back and ask how we got here again.
New African economic history is challenging earlier wisdom by showing, for example, that railways have had profound effects, both positive and negative on African societies.
African economic history has had a renaissance and its most valuable contribution has been to show that Africans have not always been poor, nor are current poverty levels an inevitable destiny.
The ‘Socialist Car of State’.
Photo made available courtesy of the BFI.
Archive videos show the Conservative rhetoric on Labour economic mismanagement hasn't changed much.
The G20 of today faces a different type of crisis to the one it was founded on.
To understand this week’s G20 Summit being held in Brisbane, Australia, and measure its success, requires a sense of the history of economic crisis and change. Recurring crises have shaped global institutions…