For centuries, gold has held a unique position in the global financial system. It is not just a commodity — it is a symbol of stability. During wars, crises, and economic turmoil, gold consistently re-emerges as the ultimate safe haven. This issue of Economic Lens discusses what is happening now and what it means.
Overview: In the early 1970s Grantham launched one of the first S&P 500 index strategies. Soon after, he cofounded GMO, which became the first firm to use a computer for investment analysis.In the late 1990s he acquired notoriety as a ‘permabear’ for refusing to buy into dotcom mania. Clients left in droves, but he was […]
In 2025, the U.S. government introduced two legislative acts with severe impacts on Egypt. This issue presents a summary of these acts and their lasting impact on Egyptian investment and exports.
Overview: In the criminal world, cash is still king (in fact, crime might now be the main thing cash is good for, and even why it still exists). Barter is pretty good too: vast, continent-wide exchanges of everything from luxury handbags to baby eels support a triangular drug trade linking Europe to the Far East. […]
This week’s issue of “Our Economy and the World” includes: Key Global and Regional Developments over the Past Week Special Analysis Developments in Financial and Commodity Markets in the Past Week
Overview: In Violent Saviors, renowned economist William Easterly examines how the demand for agency has always been at the heart of debates on development. Spanning nearly four centuries of global history, Easterly argues that commerce, rather than conquest, could meet the need for equal rights as well as the need for prosperity. Looking to the […]
This week’s issue of “Our Economy and the World” includes: Key Global and Regional Developments over the Past Week Special Analysis Developments in Financial and Commodity Markets in the Past Week
Overview: In How Progress Ends, Carl Benedikt Frey challenges the conventional belief that economic and technological progress is inevitable. For most of human history, stagnation was the norm, and even today progress and prosperity in the world’s largest, most advanced economies—the United States and China—have fallen short of expectations. To appreciate why we cannot depend […]