Market Ideologies
Author Oscar Sanchez-Sibony shares his views with the Phenomenal World: The Soviet Union’s construction of pipelines across Western Europe granted the superpower access to European markets—and capital. In his new
Can Democracy and Billionaires Coexist? Not on This Planet.
by Sam Pizzigati at Inequality: One person, one vote. The classic essence of democracy. But what if that one person happens to be a fabulously rich? Does that one person
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Future of Food: Four Myths About Vertical Farming Debunked by an Expert
by Zoe Harris at Singularity Hub: Vertical farms look high-tech and sophisticated, but the premise is simple—plants are grown without soil, with their roots in a solution containing nutrients. This
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What We Can Learn From the Decadent Movement
by Kate Hext at Aeon: At its most extreme, Decadence is a reckless pursuit of intense sensations: one that often teeters on the brink of scandal and sometimes topples over.
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“Scars of Conflict Are Deeper and Longer Lasting”
Irshad Salim, Karachi: An infographic (below) shows the intense impact of conflict in Middle East and Central Asian countries (including Pakistan I suspect)–the repercussions on their real GDP per capita
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Our Biggest Challenges—from Global Warming to Demographic and Technological Transformations—Cannot be Resolved by Countries Acting Alone
By Gita Bhatt at the IMF Blog: Our biggest challenges—from global warming to demographic and technological transformations—cannot be resolved by countries acting alone. Yet just when we need greater international
Are Electric Cars Better for the Environment than Fuel-powered Cars? Here’s the Verdict
Jo Lauder at ABC News (of Australia): Whether you drive an electric car or are considering making the switch, you’ve probably been drawn into a discussion about whether they are
The Indian Election and the Country’s Economic Future
Raghuram G. Rajan at Project Syndicate: There is a buzz in India today – a sense of limitless possibilities. India has just overtaken its former colonial master (the United Kingdom) to become
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Points to Ponder
Talking Points from an editorial in Dawn: –Pakistan is in a debt trap.–It must borrow more to pay back its existing debt–domestic and external loans both.–The country’s debt stock has
The Average American Is a Millionaire
Jeremy Horpedahl in The City Journal: The Federal Reserve’s latest Survey of Consumer Finances contains several revelations about the state of the American economy. First, it found that the average American household’s net worth
AI Could Actually Help Rebuild The Middle Class
David Autor in Noema Magazine: In a recent interview with U.K. Prime Minister Rishi Sunak, Elon Musk proclaimed artificial intelligence to be “the most disruptive force in history,” and noted that “there
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To Paint China as Manipulative in its Debt Investment is at Best Misguided and at Worst Hypocritical
Jamie Linsley-Parrish at at JSTOR Daily: If deliberate, predatory lending at a geo-political scale has occurred, evidence points towards Western antagonists. Vladimir Lenin famously accused England of using debt to