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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Trump Revs Up The Battle Over Immigration

The heart of the proposal is a turnaround on who the United States accepts as legal immigrants. Currently, two-thirds of new immigrants are granted stay because of some kind of familiar connection already living in the United States; immigration enthusiasts refer to this as family reunification, while immigration restrictionists refer to it as chain migration. […]

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How To Tax A Multinational

For too long, multinational corporations – and digital firms in particular – have used existing rules to avoid paying taxes in countries where they do much of their business. But recent encouraging signs suggest that the idea of a global corporate tax on these companies’ profits is gaining traction. Read Here – Project Syndicate

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How The State Is Co-Opting Religion In China

Today’s Chinese state, much like the imperial state, can be a generous benefactor, helping to rebuild temples, train new Buddhist and Taoist clergy, and set up international exchanges with the faithful in other countries. But toward those out of favor—today largely Christians and Muslims—the state can be harsh, setting up reeducation camps, demolishing mosques and […]

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The U.S. Economy Is Great, Really, For Now

Trump haters may be tempted to conclude from all this that he is about to lead America into a sudden decline, but that is not the point. This American decade started under President Obama, continued under Mr. Trump and survived congressional gridlock throughout, showing that the economy often rises above politics. The economy is driven […]

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How Washington Is Abusing Its Financial Might

Economic power, like any tool, can have unfortunate results if wielded unwisely, producing unwanted short-term consequences and prompting the long-term decline of U.S. economic leadership. Today, Washington is increasingly using its economic power in aggressive and counterproductive ways, undermining its global position and thus its ability to act effectively in the future. Read Here – […]

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How the Tariff War Could Turn Into The Next Lehman

Ten years ago this week, Lehman Brothers filed for bankruptcy, and the world suddenly changed. That date, Sept. 15, 2008, was hardly the starting point of the Depression-sized financial crisis that would soon threaten to sink the entire world economy; it had begun more than a year earlier. But most scholars agree Lehman’s failure marked […]

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A Big Choice For Big Tech

Over the last two decades, a few technology giants have come to dominate digital markets. Google performs about nine out of every ten Internet searches worldwide. Facebook, the world’s leading social media platform, has well over two billion users… Apple, originally a computer manufacturer, now runs the world’s largest mobile app store in terms of revenue, […]

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The True Power Of Trump’s Tweets

President Donald Trump’s mastery of mass communication is unprecedented in our history. Within an hour after President Trump took the Oath of Office, he launched his first post–inauguration communication to millions of followers through his personal Twitter account. In the following weeks, Twitter would become the president’s chosen medium for projecting policy, announcing personnel movements, […]

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