In 1989, the British economist John Williamson christened what was to become the defining intellectual export of the era of globalisation: the Washington Consensus. Initially a reference to the policies adopted to tackle macroeconomic turmoil in Latin America, the term quickly morphed into a canonical
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CAMBRIDGE In 1944, as World War II neared its end, the exiled Hungarian economic sociologist Karl Polanyi published The Great Transformation, a treatise that focused on the dangers of trying to separate economic systems from the societies they inhabit. Eighty years on, Polanyi’s warnings about a market economy unleashed from human needs and relations may prove prescient. In
Forget cryptocurrency there is another kind of investment making the news in recent years, and it is one creating some major headaches for corporate defendants: litigation funding.