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Project Syndicate Articles
Britain En Marche
Project Syndicate - July 24, 2017
LONDON – We live in an age of political turbulence. Parties barely a year old have recently swept to power in France and in the huge metropolitan area of Tokyo. A party less than five years old is leading opinion polls in Italy. A political neophyte is...
The Wages of Wage Fear
Project Syndicate - May 10, 2017
LONDON – If all else fails, try the previously unthinkable. It is not a bad principle for economic policy in the best of times. Today, it may be just what is needed: many Western countries – certainly the United States, Japan, and Germany, probably the...
The creeping public-pension debacle
Project Syndicate - October 20, 2016
LONDON â€“ If developed countries acted rationally, and in the interest of electorates that understood how their tax money is spent, they would set their public-pension retirement age at or above 70. But most developed countries have retirement ages...
Donald Trump´s Italian prototype
Project Syndicate - March 15, 2016
TOKYO – The rise of billionaire Donald Trump in the US presidential race has been met with a mixture of horror and fascination. As his campaign, once regarded with derision, continues to rack up successes – most recently, in the Michigan and Mississippi...
Oil Dictator Dominos
Project Syndicate - February 5, 2016
LONDON – Price movements as large and rapid as those that have upended oil markets since June 2014 are sure to cause pain to some and benefit others—yet most attention has been on the pain rather than the benefit. This is a mistake: the 70% drop in the...
Patriotism in the Age of Globalisation
Project Syndicate - December 22, 2015
LONDON – The new fault line in politics, according to Marine Le Pen, leader of France’s far-right National Front, is between globalists and patriots. It is an argument similar to those being made by euroskeptics in the United Kingdom and Republican presidential...
Life after Schengen
Project Syndicate - October 1, 2015
Europe’s refugee crisis, which has been building for well over two years,
warnings about the threat to the European Union’s precious Schengen Area of
passport-free travel have proliferated. Indeed, the warning...
The Great Emerging Market Bubble
Project Syndicate - August 15, 2015
has gone badly wrong in the emerging economies that were supposed to be shaping,
even dominating, the future of the world. The search for culprits is under way:
commodity prices, fracking, US interest rates, El Nino, China, these and others
Shinzo Abe´s pivot to Asia
- June 15 2015
the past year, relations among East Asia’s three most successful economies – Japan,
South Korea, and China – have been slowly but steadily improving. This is
notable, because their ties with one another have never been easy or smooth. The
A “Merkel Plan” for Europe
Project Syndicate - January 19, 2015
Ever since Europe’s economic crisis erupted more than four years ago, politicians and pundits have clamored for a grand solution, often invoking the example of America’s postwar Marshall Plan, which from 1948 helped to rebuild Western Europe’s shattered,...