Showing 1 - 4 of 4
Poor states will struggle to get rich
News, Tyler Cowen, Published on 18/01/2024
» For the billions of people around the world who live in countries that are not yet fully economically developed, I have some disturbing news: The very last chance for their nations to reach developed status might come in this generation.
Pyongyang playing long game, unlike Washington
News, Tyler Cowen, Published on 19/10/2017
» If we think through the North Korea nuclear weapons dilemma using game theory, one aspect of the problem deserves more attention, namely the age of the country's leader, Kim Jong-un: 33. Because peaceful exile doesn't appear to be an option -- his escaping the country safely would be hard -- Mr Kim needs strategies for hanging on to power for 50 years or more. That's a tall order, but it helps us understand that his apparently crazy tactics are probably driven by some very reasonable calculations, albeit selfish and evil ones.
Germany is the Silicon Valley of political innovation
News, Tyler Cowen, Published on 01/06/2017
» One of the more significant quotations of last week came from President Donald Trump, when he reportedly described the Germans as "bad, very bad", referring to their automobile exports. He returned to the theme on Tuesday.
Beijing cannot prevent a real crash
News, Tyler Cowen, Published on 27/10/2016
» After many years of 7-10% growth, economies tend to overheat, creating bubbles that burst. That's what happened to South Korea and Japan in the 1980s and 1990s. But China's economy keeps plugging along (though probably not at its published growth rate of 6.7%), defying the predictions of doomsaying pundits. Some indicators show a recovery this year.