“We Lead the World in Science, and We Also Lead the World in Opposition to Science”
Jared Diamond, world-famous historian of societal crises and collapses, currently lives in self-imposed quarantine in California. When he’s not writing papers on the birds of New Guinea or playing Beethoven sonatas on the piano, he is concerned about the effect the current pandemic will have on his country and the world. What gives him hope?
How to Fix the American Dream
Five years ago, the economist Raj Chetty proclaimed the end of the American Dream on the basis of the latest data on economic inequality. Now he wants to revive it.
“The Emergence of Liberty Is Perhaps Even More Surprising than Economic Growth.”
To get an idea of the political construction of the world of tomorrow, one has to travel back in time – sometimes a few thousand years. Renowned MIT economist Daron Acemoğlu talks about the making and the most interesting findings of his new book.
Design Your New Normal
Now is the time to evaluate what you have learned under the extraordinary pressure of the last weeks – and use that knowledge to influence the future of your organisation.
“You Can Watch the March of Ideas from the Minds of Economists and into Our Lives.”
After decades of free-market policies in the United States and Britain, working-class voters are in full revolt. In The Economists’ Hour Binyamin Appelbaum surveys the last half-century and sees an obvious path from the economics of Milton Friedman, Arthur Laffer and others to today’s disgruntled masses.
“When Piketty said returns on capital are high and only go higher, I thought he was wrong”
Income inequality within nations has increased steeply since 1980. This fact has become widely accepted as an elemental “flaw” of capitalism. Economists Denise Hearn and Jonathan Tepper disagree and give a different explanation: where there is no competition, inequality grows. With getAbstract, Tepper elaborates on the topic.
If you’re interested in society’s economic foundations, this is just the right category for you. From classical theories by Adam Smith, Karl Marx and John Maynard Keynes to current economic approaches, you’ll find an array of answers to the question, “which economic policy is the best?”
Human development and survival depends on the environment, including other organisms and non-living surroundings. For the time being, this is provided by Earth. But how are we treating our host planet? It’s clear that our activities reshape our environment – some even fear they may endanger our very existence as a species. So what are our plans for the future?
Globalization: undoubtedly the megatrend of our time. The Internet facilitates the flow of information, money and goods all around the globe. Emerging nations, particularly China, reveal the flipside of globalization to Western countries. Read these summaries to keep up-to-date on this topic.