Category Archives: The Global Economy

The State has not Gone Away

Today I am headed to the Wharton School at the University of Pennsylvania for a conference on the “Future of the State.” It is an interesting title. Ten years ago, we thought the state was on the way out. Between … Continue reading

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Bad to worse in Ukraine?

I am in Russia this week, and the view from Moscow is a bit more disquieting than from home. It’s not that things are any different here. Life goes on in the University, traffic still clogs the street, and people … Continue reading

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What are Russia’s Plans for Ukraine?

American Secretary of State John Kerry turned his plane around to meet Russian Foreign Minister Sergei Lavrov in Paris on Sunday. Both had clear and inflexible demands. The U.S. wished Russia to withdraw a portion of the troops it has … Continue reading

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And Ukraine moves closer to the edge?

Yesterday I was able to listen to the Prime Minister of Ukraine, Arseniy Yatsenyuk, at the Atlantic Council, right after he met with President Obama at the White House. Yatsenyuk projected calm and confidence — quite a feat for someone … Continue reading

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Ukraine is getting ever more dangerous

On CNN last Sunday, Stephen Cohen suggested that we are only two steps away from another Cuban missile crisis. Is that possible, or hyperbole? Revolutions create great risks because they create uncertainty and anxiety. The strength and policies of the … Continue reading

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Back to the Future at Forbes?

Forbes has crowned Bill Gates as the world’s richest man (again), with a fortune of $76 billion. Like many wealthy and generous predecessors, Gates has already given a considerable portion of his money to charity, but clearly he has enough … Continue reading

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Defusing the Crisis in Ukraine

Vladimir Putin is a hero in much of Russia. He is the man who brought order and prosperity, fought off terrorism, and restored Russian greatness after a humiliating period of Cold War hardship and defeat followed by democratic chaos which … Continue reading

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So glad for so little

So this is what is has come to: anything other than outright recession is cause for rejoicing! Here is one triumphant quote: “The eurozone’s recovery has moved up a gear,” said Chris Williamson, chief economist of Markit. “Not only has … Continue reading

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Worry Beads, Anyone?

Readers of this blog know that I have been a pessimist on the “real” economy of the world. With population growth slowing or declining in Europe, the US, Japan, Korea, China, India, and Brazil, it seemed to me the demand … Continue reading

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Will 2014 be the year of social justice?

Back in 2009, when it was becoming clear that bankers had crashed the world economy but were going to be spared the worst effects, while ordinary folks took the brunt of the hit, people asked why there was not more … Continue reading

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