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Lena Martin

Lena Martin
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Why tropical diseases don’t get vaccines: the market failure that has...

On May 17, 2026, the World Health Organization declared a public health emergency of international concern for an Ebola outbreak in the Democratic Republic...

What happens when a country defaults — the economics and politics...

December 23, 2001. Adolfo Rodríguez Saá had been president of Argentina for four days when he stood before a joint session of Congress and...

The reconstruction economy: who gets rich when a country is rebuilt,...

Five million dollars. That was the contract awarded to al-Bunnia, an Iraqi construction company — the single local firm among the initial wave of...

How algorithms became regulators – when private code functions as law...

Eric Loomis stood before a Wisconsin judge in 2013 having pleaded guilty to fleeing police during a traffic stop. The presentence report included a...

The economics of trust: what happens to a society when the...

Enforcing a commercial contract through the courts takes 485 days in Denmark and 801 days in Brazil. Both countries have functioning legal systems, commercial...

What opec actually is now: the economics of a cartel that...

On May 1, 2026, the United Arab Emirates ended its 59-year membership in OPEC. The announcement had come four days earlier, on April 28,...

The colonial origins of central banking: why every central bank is...

In July 1694, 1,268 Londoners put up £1.2 million in under a fortnight. The king needed money to fight a war. They gave it...

Why cities don’t work the way their planners intended — and...

The candangos came from the interior — from the drought-cracked northeast, from the scrubland of Goiás, from the backlands of Minas Gerais — because...

The economics of pilgrimage: what happens to a city when millions...

The Mina plain lies east of Mecca, a shallow valley three kilometers long. Every year, for three days, it holds more than a million...

The countries that run permanent budget surpluses — and the uncomfortable...

In 2015, Germany's current account surplus reached 8.5 percent of GDP, overtaking China in absolute terms to become the world's largest. The distinction received...