Analysis


Will China Confront a Revolution of Rising Expectations?

For over a decade, China has accounted for a quarter or more of global economic growth. With its economy currently navigating a rough patch, the question is whether this impressive performance will persist. Cassandras pointing to the possibility of a Chinese growth slowdown regularly invoke the..

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Charter for Conservatism: The ALP Campaign Review

Reports on electoral strategies are often written in order to be avoided. They are scripted for the express purpose of gathering dust on shelves, or decaying in digital files rarely to be consulted except by historians. But the review of the reasons why the Australian Labor Party lost the May 2019..

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The Siren Song of Strategic Autonomy Friday, November 8th, 2019

For over a year, US President Donald Trump’s protectionist war against China – and his broader use of import tariffs to advance geopolitical objectives – has been fueling anxiety about the future of world trade. But tariffs are only the tip of the iceberg of economic nationalism. If the world..

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The Rise of Nationalism After the Fall of the Berlin Wall

The fall of the Berlin Wall on the night of November 8, 1989 dramatically and suddenly accelerated the collapse of communism in Europe. The end of travel restrictions between East and West Germany dealt a death blow to the closed society of the Soviet Union. By the same token, it marked a high..

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Corporate Mammon: Amazon and the Seattle Council Elections Thursday, November 7th, 2019

An enduring US political tradition was in evidence in Seattle recently. Amazon had decided that the city council elections would be too important to leave alone. Seattle was their city after all. The aim of the company was much in keeping with the manor lord who prosecutes keen poachers: fund..

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America’s War on Chinese Technology

The worst foreign-policy decision by the United States of the last generation – and perhaps longer – was the “war of choice” that it launched in Iraq in 2003 for the stated purpose of eliminating weapons of mass destruction that did not, in fact, exist. Understanding the illogic behind that..

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Using Digital Technology to Narrow the Opportunity Gap Wednesday, November 6th, 2019

Although many societies aspire to provide equal opportunities for everyone, that is easier said than done. People born into different economic and social statuses have unequal educational or financial starting points. This often leads to very different career and life opportunities. Digital..

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The New Anti-Capitalism

We are currently living through the most dramatic technological and economic transformation in the history of mankind. We are also witnessing declining support for capitalism around the world. Are these two trends connected, and if so, how? It is tempting to say that capitalism’s growing..

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China Needs Economic Stimulus Tuesday, November 5th, 2019

China’s GDP growth may still be strong by global standards, but the annualized rate of 6% in the third quarter of 2019 is the lowest the country has recorded since 1992. In fact, China’s GDP growth has been slowing steadily since the first quarter of 2010, when it exceeded 12%, year on year...

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The End of Neoliberalism and the Rebirth of History Monday, November 4th, 2019

At the end of the Cold War, political scientist Francis Fukuyama wrote a celebrated essay called “The End of History?” Communism’s collapse, he argued, would clear the last obstacle separating the entire world from its destiny of liberal democracy and market economies. Many people..

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Combating China’s Influence Operations

As trade negotiations between the United States and China limp toward an uncertain conclusion, much of the world remains fixated on the potential escalation of the conflict between the world’s two largest economies. But narrow discussions about tit-for-tat tariffs, Chinese mercantilism, and..

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Tales of the Economy Saturday, November 2nd, 2019

Robert J. Shiller needs no introduction. Having made fundamental contributions to finance theory and behavioral economics, he was awarded the Nobel Memorial Prize in Economic Sciences in 2013. In his new book, he pushes his interest in behavioral economics in new directions, highlighting the role..

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Revolutions for Whom? Friday, November 1st, 2019

“No one will be worse off than before, but it will be much better for many,” German Chancellor Helmut Kohl assured East Germans after the fall of the Berlin Wall on November 9, 1989. His words helped fuel rapid political and economic changes throughout post-communist Europe. Thirty years later,..

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The Spirit of 2019 Thursday, October 31st, 2019

As in 1848, 1968, 1989, and 2010-2012, a wave of popular protests has taken the world by surprise. Ongoing mass revolts – in Beirut, Santiago, Hong Kong, Algiers, Baghdad, and other cities – are gaining strength and wrongfooting governments. But although the temptation to seek historical..

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What Brexit Reveals About the EU Wednesday, October 30th, 2019

In another bizarre twist in the Brexit saga, the United Kingdom’s Parliament has signaled its acceptance of Prime Minister Boris Johnson’s withdrawal deal with the European Union, but has also decided there must be a general election on December 12 before the deal can finally be ratified. EU..

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The Caste of Credit in India Tuesday, October 29th, 2019

In 1950, the newly independent India officially abolished its caste system and outlawed discrimination against the Dalits, known as “untouchables,” who had been relegated to the bottom of that rigid social hierarchy. This attempt to right historical wrongs was underpinned by a virtuous..

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China Adjusts to the New World Order Monday, October 28th, 2019

On October 1, the People’s Republic of China celebrated the 70th anniversary of its founding with impressive military and civilian parades meant to showcase the extraordinary progress the country has made under the leadership of the Communist Party of China. Formidable challenges lie ahead. But..

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