Recently, the Group of Twenty major world economies, also known as the G20, met in New Delhi to pursue environmental and social concerns through international economic cooperation. With an ever-growing global economy and the unique international political moment of the Global South looking for a bridge to the West, India could step into that role […]
Tag: economic growth
The Curious Task of Redistributive Taxes: Inheritance and Corporate Taxes
Frederich Hayek famously said “The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design.” Professor Mario Muzzi, economics professor and department chair at the University of San Francisco, recites this quote from memory. In other words, his message is that the intended outcome […]
Schooled: Could North Korea Learn from Vietnam’s Higher Education Reforms?
Going to college has never been as popular in Vietnam as it is now. The number of students in higher education has skyrocketed from 133,000 students in 1987 to 2.12 million students in 2015—nearly a sixteen-fold increase over less than thirty years. This increase in education has provided the human capital necessary for Vietnam to […]
New Paradigms of Prosperity: Challenging Traditional Metrics of Success
It’s a running joke across many college campuses that economics is the “dismal science”. For those who are not economists, it can be hard to connect abstract terms like “absorptive capacity” and “nonparametric statistical methods” to the real lives of people across the globe. Part of the reason that these concepts seem so obfuscated is […]
Electoral Breakthrough or Electoral Persistence? Forecasting AfD’s Future in the German Parliament
The Western world breathed a sigh of relief after the triumph of the young independent centrist Emmanuel Macron over Marine Le Pen, leader of the right-wing National Front, in the French presidential election. His victory was hailed as a sign that the emerging tidal wave of populism that had culminated in the Brexit Vote and […]
The Recession of the Pink Tide
Empty shelves in Venezuela Lenin Moreno’s April victory in the Ecuadorian presidential election must have brought sighs of relief to socialists across the continent, who have been buffeted by scandals and electoral defeats in recent years. Still, it was a close fight. Guillermo Lasso, the conservative candidate and a former banker, was able to win […]
China’s 1%: The Rich Chinese Kids of Instagram
Coco the Alaskan malamute poses with her eight new iPhone 7s. For the past two decades, China’s growth has shot upwards at a dizzying speed. Under the revolutionary leader Deng Xiaoping, the traditionally Communist and centrally-planned country executed successful economic reforms in record time. The successive regimes of Jiang Zemin, Hu Jintao, and now Xi […]
Battling the Burden: Reframing Our National Conversation About Refugee Economics
Aziz Dyab, like millions of his countrymen, was on the run. On the run from a repressive regime, unthinkable living conditions and little to no prospects for the higher education he so desperately sought. Aziz Dyab, however, would not be held back. He would escape to Turkey, be granted resettlement, and achieving the dream of […]
Singapore’s Challenge to Democracy
Henry Kissinger, the great American statesman of the 70’s, once wrote, “One of the asymmetries of history, is the lack of correspondence between the abilities of some leaders and the power of their countries.” But whom was Kissinger bestowing this rather grandiose compliment to? It was Lee Kuan Yew, a close confidant and friend of […]
e-Estonia: A Model for Success
At the outset of World War II, Adolf Hitler and Joseph Stalin approved the Molotov-Ribbentrop Pact, the famous non-aggression pact that divided Europe into German and Soviet spheres of influence. The treaty was predicated on the assumption that the two great powers would achieve preeminence on the European continent, and following the war, the Soviet […]