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Donald Trump and Kim Jong Un’s landmark summit on June 12 has spurred hope that North Korea may finally open its economy. That could also be a boon for economists, who know next to nothing about how it actually works. North Korea stopped releasing detailed statistical data in the 1960s, and for the next four decades […]

but the AfCFTA represents an important ideological shift away from the socialist tendencies that have haunted much of the continent since its independence. Unfortunately, most African nations fully embraced the socialist economic model when they were freed from their colonial rulers. As the president of the Free Africa Foundation George Ayittey notes, “capitalism was identified with […]