"Bernie Sanders' socialist advocacy in the United States, communist China's economic successes and a Marxist revival are inspiring many to muse about improved strategies for building superior socialist futures. Socialist Economic Systems provides an objective record of socialism's promises and...

"We survey three distinct types of financial crises which took place in the 1990s and the 2000s: 1) the credit implosion leading to severe banking crisis in Japan; 2) The foreign reserves' meltdown triggered by foreign hot money flight from frothy economies with fixed exchange rate regimes of...

America and Europe responded to Russia's annexation of Crimea on March 18, 2014 by discarding their policy of East-West partnership and reverting intermittently to a policy of cold war. The West believes that this on-again/off-again second Cold War will end with Russia's capitulation because it...