economy

What’s Wrong with Contemporary Capitalism?

2019-03-16

suddenly, capitalism is visibly sick. The virus of socialism has reemerged and is infecting the young once more

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The Case for a Bold Economics

2019-03-13

Although economists are well positioned to imagine new institutional arrangements, their habit of thinking at the margin and sticking close to the evidence at hand encourages an aversion to radical change...

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The Social Solution to Automation

2019-03-05

n our efficiency-obsessed society, new technologies are deployed with the single-minded objective of boosting productivity and eliminating the need for human labor

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Reimagining Davos

2019-02-03

At the recent World Economic Forum annual meeting in Davos, participants made the same mistake they always do

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Risks to the Global Economy in 2019

2019-01-16

Over the course of this year and next, the biggest economic risks will emerge in those areas where investors think recent patterns are unlikely to change

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Iran pushes Iraq to maintain trade without US dollar

2019-01-06

Iran is exerting considerable pressure on the Iraqi government to compel it not to abide by the US sanctions that have been imposed on Tehran in order for it to change

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The Big Blockchain Lie

2018-10-20

Now that cryptocurrencies such as Bitcoin have plummeted from last years absurdly high valuations, the techno-utopian mystique of so-called distributed-ledger technologies should be next.

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$250 Trillion in Debt: the World’s Post-Lehman Legacy

2018-10-06

Governments are largely responsible for the borrowing binge, with their debt growing not just nominally...

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Strategic Insights: Revolutionary Change Is Coming to Strategic Leadership

2018-09-04

Clausewitz famously observed that war has an enduring nature and a changing character that evolves over time as technology, society, economics, and politics shift. This observation also applies to strategic leadership: it too has an enduring nature and a

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Can Turkey Rewrite the Crisis-Management Rules?

2018-08-18

Turkey is trying to rewrite the chapter on crisis management in the emerging-market playbook...

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Main Factors That Influence Global Oil Price

2018-08-11

It is important for any investor to think about putting their money into oil to consider how the price of oil is affected

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The End of the Iran Deal Spells the End of Iranian Moderates

2018-07-10

The end of the Iran Deal will strengthen the hand of Tehrans hardliners

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Will Iran's economy collapse?

2018-06-30

Turbulent developments in the past few months on the foreign exchange and gold markets in Iran

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Nationalism Will Go Bankrupt

2018-06-23

The opposite of populist nationalism is not globalist elitism; it is economic realism. And in the end, countries such as Britain, the United States

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Can the Euro Be Saved?

2018-06-18

The euro may be approaching another crisis. Italy, the eurozones third largest economy, has chosen what can at best be described as a Euroskeptic government

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King Abdullah of Jordan: Balancing on an ever-tighter tightrope

2018-06-06

A look at a decade of failed social, economic and political reform in Jordan goes a far way to explain recent mass anti-government protests demanding the resignation of the government.

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Overcoming the Politics of Pessimism

2018-06-06

Pessimism afflicts those who have lost out economically

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Should Economists Make Moral Judgments?

2018-05-31

At least since the days of John Maynard Keynes, professional economists have not had to worry too much about the moral implications of their technical work

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Why Reinvent the Monetary Wheel?

2018-05-25

Cryptocurrencies promise to realize Friedrich Hayek’s dream of a free market in money. But human societies have discovered no better way to keep the value of money roughly constant than by relying on central banks to exercise control over its issue

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Petroleum's Rising Price Depends on Supply and Politics

2018-05-24

There are several factors that have introduced uncertainty into the market, prompting upward pressure on oil prices.

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The Old Allure of New Money

2018-05-23

The cryptocurrency revolution, which started with bitcoin in 2009, claims to be inventing new kinds of money

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Preventing an AI Apocalypse

2018-05-20

The view that AI-driven machines will outsmart humanity, take over the world, and kill us all

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Managing the Risks of a Rising Dollar

2018-05-14

Some may view the US dollar’s appreciation as consistent with a longer-term rebalancing of the global economy. But, as Argentina’s recent request for IMF financing starkly demonstrates

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