Don’t Blame Economics, Blame Public Policy

Engineering and medicine have in many respects become separate from their respective underlying sciences of physics and biology. Public-policy schools, which typically have a strong economics focus, must now rethink the way they teach students – and medical schools could offer a model to follow. Read Here – Project Syndicate

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How Long Will China’s Soaring Growth Last?

To present and future Chinese leaders, managing economic change while maintaining social stability is much more important than figuring out how to respond to the social media rumblings of a sitting US president. For an economy as much as an individual, too much of a good thing can be detrimental. In the run-up to the […]

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Why the New Autocrats Are Weaker Than They Look

It has been a good decade for dictatorship. The global influence of the world’s most powerful authoritarian countries, China and Russia, has grown rapidly. For the first time since the late nineteenth century, the cumulative GDP of autocracies now equals or exceeds that of Western liberal democracies. Read Here – Foreign Affairs

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The Anatomy Of The Coming Recession

Unlike the 2008 global financial crisis, which was mostly a large negative aggregate demand shock, the next recession is likely to be caused by permanent negative supply shocks from the Sino-American trade and technology war. And trying to undo the damage through never-ending monetary and fiscal stimulus will not be an option. Read Here – […]

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Brussels Eyes €100B Wealth Fund For ‘European Champions’

EU officials want to set up a €100 billion wealth fund to bolster “European champions” against American and Chinese business rivals like Google, Apple and Alibaba. The proposal for a so-called European Future Fund appears in an unusually radical raft of plans that European Commission officials want to put onto the agenda of their president-elect, Ursula […]

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China At 70 Faces Three Challenges: Taiwan, The US And Hong Kong. Can Xi Jinping Deliver?

This year marks the 70th anniversary of the founding of the People’s Republic of China. Beijing is busy preparing for this momentous occasion, carefully planning which weapons to display in the annual military parade, but even these celebrations cannot distract the people from the slew of issues currently facing the nation.  Read Here – South China Morning Post

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Trump Could Win Again

There are many reasons President Donald Trump might lose reelection in 2020. He is deeply unpopular. Most Americans abhor his bigotry. His administration has been plagued by all manner of scandals. He has failed to live up to his many grandiloquent promises. The country may be sliding into a recession… But he could still win […]

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The Population Bust

For most of human history, the world’s population grew so slowly that for most people alive, it would have felt static. Between the year 1 and 1700, the human population went from about 200 million to about 600 million; by 1800, it had barely hit one billion. Then, the population exploded, first in the United […]

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The Old World And The Middle Kingdom

Europe is beginning to face up to the challenges posed by a rising China. From the political debates roiling European capitals over the Chinese telecommunications giant Huawei’s involvement in building 5G mobile networks to the tense EU-China summit earlier this year, recent events have shown that European leaders are growing uneasy in a relationship that […]

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Trump Takes The Immigration Fight To The Next Level

Current immigration law bars entry for people likely “to become a public charge,” although that term is not well-defined. The new rule specifies “public charge” as any immigrant who is personally enriched by a public benefit over the course of twelve months, as part of a thirty-six-month period. Receiving two public benefits over the course […]

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