Has Davos Man Changed?
This year marked the 50th anniversary of the World Economic Forum’s flagship meeting of the world’s business and political elites in Davos, Switzerland. Much has changed since my first Davos in 1995.
2 February 2020, 18:00 PM
The truth about the Trump economy
As the world’s business elites trek to Davos for their annual gathering, people should be asking a simple question: have they overcome their infatuation with US President Donald Trump?
18 January 2020, 18:00 PM
Argentina’s bright young hope
Judging by his appointment of a first-rate economist to his cabinet as Minister of Economy, Argentina’s new president, Alberto Fernández, is off to a good start in confronting his country’s economic problems.
26 December 2019, 18:00 PM
Is Growth Passé?
It’s clear: we are living beyond our planet’s limits. Unless we change something, the consequences will be dire. Should that something be our exclusive focus on economic growth?
11 December 2019, 18:00 PM
Is stakeholder capitalism really back?
For four decades, the prevailing doctrine in the United States has been that corporations should maximise shareholder value—meaning profits and share prices—here and now, come what may, regardless of the consequences to workers, customers, suppliers, and
28 August 2019, 18:00 PM
After Neoliberalism
What kind of economic system is most conducive to human wellbeing? That question has come to define the current era, because, after 40 years of neoliberalism in the United States and other advanced economies, we know what doesn’t work.
31 May 2019, 18:00 PM
Trump's most worrisome legacy
Kirstjen Nielsen's forced resignation as US Secretary of Homeland Security is no reason to celebrate. Yes, she presided over the forced separation of families at the US border, notoriously housing young children in wire cages.
10 April 2019, 18:00 PM
How can we tax footloose multinationals?
In the last few years, globalisation has come under renewed attack. Some of the criticisms may be misplaced, but one is spot on: globalisation has enabled large multinationals, like Apple, Google, and Starbucks, to avoid paying tax.
17 February 2019, 18:00 PM
From Yellow Vests to the Green New Deal
It's old news that large segments of society have become deeply unhappy with what they see as “the establishment”, especially the political class. The “Yellow Vest” protests in France, triggered by President Emmanuel Macron's move to hike fuel taxes in the name of combating climate change, are but the latest example of the scale of this alienation.
9 January 2019, 18:00 PM
Beyond GDP
Just under 10 years ago, the International Commission on the Measurement of Economic Performance and Social Progress issued its report “Mismeasuring Our Lives
4 December 2018, 18:00 PM
People vs money in America's midterm elections
All eyes are on the United States as November's Congressional elections approach. The outcome will answer many alarming questions raised two years ago, when Donald Trump won the presidential election.
22 October 2018, 18:00 PM
The myth of 'secular stagnation'
In the aftermath of the 2008 financial crisis, some economists argued that the United States, and perhaps the global economy, was suffering from “secular stagnation,”
1 September 2018, 18:00 PM
The US is at risk of losing a trade war with China
What was at first a trade skirmish—with US President Donald Trump imposing tariffs on steel and aluminum—appears to be quickly morphing into a full-scale trade war with China.
8 August 2018, 18:00 PM
Trump's trade confusion
The trade skirmish between the United States and China on steel, aluminium, and other goods is a product of US President Donald Trump's scorn for multilateral trade arrangements and the World Trade Organization, an institution that was created to adjudicate trade disputes.
7 April 2018, 18:00 PM
When shall we overcome?
In 1967, riots erupted in cities throughout the United States, from Newark, New Jersey, to Detroit and Minneapolis in the Midwest—all two years after the Watts neighbourhood of Los Angeles exploded in violence. In response, President Lyndon B Johnson appointed a commission, headed by Illinois Governor Otto Kerner, to investigate the causes and propose measures to address them.
18 March 2018, 18:00 PM
Post-Davos Depression
I have been attending the World Economic Forum's annual conference in Davos, Switzerland, where the so-called global elite convenes to discuss the world's problems, since 1995.
4 February 2018, 18:00 PM
The US Donor Relief Act of 2017
Never has a piece of legislation labelled as both a tax cut and a reform been received with as much disapproval and derision as the bill passed by the US Congress and signed into law by President Donald Trump just before Christmas.
5 January 2018, 18:00 PM
The global economy's risky recovery
A year ago, I predicted that the most distinctive aspect of 2017 would be uncertainty, fueled by, among other things, Donald Trump's election as president in the United States and the United Kingdom's vote to leave the European Union.
30 December 2017, 18:00 PM
The globalisation of our discontent
Fifteen years ago, I published Globalization and Its Discontents, a book that sought to explain why there was so much dissatisfaction with globalisation within the developing countries.
11 December 2017, 18:00 PM
Has Trump captured the Fed?
One of the important powers of any US president is to appoint members and heads of the many agencies that are responsible for implementing the country's laws and regulations and, in many cases, governing the economy.
4 November 2017, 18:00 PM