The authors of the Global Justice Report They are calling for a UN-led central bank to replace the International Monetary Fund.Credit: Samuel Corum/Bloomberg/Getty Ambitious. Utopian. Crackpot. These are some of the responses to last month’s post by Global Justice Report by economist Lucas Chancel of the Paris-based World Inequality Lab and his 44 co-authors. The
Low- and middle-income countries demand UN-led solutions to growing debt and wealth inequality problems.Credit: Cristina Quicler/AFP via Getty Let’s imagine a world in which almost 90% of the population earns twice as much and works half as many hours as today. One in which the share of global wealth held by the poorest half increases,
When China tightened export licenses for seven rare earth elements in April 2025, Western governments responded in the same way they have to every other critical minerals crisis of the past five years. The European Union accelerated the issuance of extraction permits under the Critical Raw Materials Act. The United States expanded subsidies for domestic