Economy

Why Not Make Economics a Science?

Economists have come to rival even journalists and politicians in lack of public… Editorial Board  Bloomberg That might be partly because so many economists seem as interested in journalism and politics as in advancing their… But there’s also a deeper problem: Far from advancing, the science of economics has been… Why Not Make… Read More »

A Quiet Giant of Investing Weighs In on Trump

He is the most successful and influential investor you have probably never heard… Andrew Ross Sorkin  The New York Times His writings are so coveted and followed by Wall Street that a used copy of a book he wrote several decades ago about investing starts at $795 on Amazon, and a new copy sells for as much as… Perhaps that’s… A Quiet Giant… Read More »

Is Africa the Next Big Economic Success Story?

A hodgepodge of modernization and tradition, Africa has the second-fastest growth rate in the world. Eliot Pence The National Interest The morning after the American presidential elections, I flew home to Washington, DC from Abuja, the capital of Nigeria, Africa’s most populous country. I didn’t know the… Is Africa the Next… Read More »

America, land of the (not-so) free, home of the (very) brave

In 2011, I made the decision to cut short my brief stint working in America and return to Australia. Freya Petersen ABC The catalyst was the birth of my first son, and my desire that he experience the same safe, sedate and relatively remote Australian childhood I enjoyed. The decision to… America, land of the… Read More »

Trump shares Obama’s myopia in doing business with China

The TPP withdrawal suggests that Mr Trump is preparing – wittingly or otherwise – to cede to China leadership of trade matters within the Asia region Anthony Rowley Asia Times US President Donald Trump and his predecessor Barack Obama seem to share a common myopia when it comes to seeing the consequences of their actions with regard to trade and business with China. We saw this a… Trump shares Obama’s… Read More »

Trump bans, Iran profits

The US president wants to keep his country safe, but he’s strengthening Tehran and ISIL. David Patrikarakos Politico President Donald Trump’s executive order banning people from seven Muslim-majority countries from entering the U.S. was intended to safeguard Americans from terrorism. Instead, it is likely to… Trump bans, Iran… Read More »

The Environmental Left and Keystone XL

Why, on every measure, Keystone XL opponents’ arguments don’t hold up… Benjamin Zycher The National Interest Everything old is new again, the latest manifestation of which is the reaction of the environmental Left to the news that President Donald Trump has issued presidential memoranda and an… The Environmental Left… Read More »

China as the leader of the global liberal order?

Just under a year ago, the prospect that the United States would turn into the fierce critic of the current economic and political order while China could become its ardent advocate was almost inconceivable. Xuan Loc Doan Asia Times But, in a new era of world politics, wherein what is normal becomes abnormal and vice versa, such an unreal reversal of roles is now in the offing. For over the last seven… China as the leader of… Read More »

Whispers of ‘Grexit’ start again

With Athens, EU creditors, and the IMF deadlocked on the bailout talks, some fear a renewed crisis. Simon Marks Politico ATHENS — Two years ago, Alexis Tsipras, the then 40-year-old leader of Greece’s Syriza party, swept to victory in snap elections claiming an end to the “vicious cycle of austerity” and years of “humiliation and suffering.” Now a veteran prime minister… Whispers of ‘Grexit’ start… Read More »

Euro ‘could fail’, says man tipped as US ambassador to EU

The man tipped to be Donald Trump’s ambassador to the European Union has told the BBC the single currency “could collapse” in the next 18 months. Kamal Ahmed BBC News Professor Ted Malloch said he would “short the euro” – taking a market position which bets on the value of the currency falling. He also said Britain could… Euro ‘could fail’, says man… Read More »