Malaysia has been ranked third behind Russia and the Czech Republic in the latest instalment of The Economist magazine’s crony-capitalism index, which first estimated how much plutocrats profit from rent-seeking industries almost a decade ago. In the latest edition published on Tuesday (May 2), The ...

Ordinary Americans can expect their wealth to get repeatedly chipped away as the monetary system degrades and requires progressively more intervention by authorities to perpetuate itself, according to an influential author and economist. It may take “a very long time,” however, for the system to act...