Showing 1 - 10 of 30
What's to blame for inequality?
Oped, Keun Lee, Published on 01/09/2025
» Over a decade ago, Nobel laureates Daron Acemoglu and James A Robinson, together with their co-author Thierry Verdier, contrasted America's "cutthroat" brand of capitalism with Western Europe's "cuddly" version. The qualities that make cutthroat capitalism more conducive to innovation, they argued, also lead to higher levels of inequality, while cuddly reward structures tend to lead to lower growth and higher welfare. Today, inequality is soaring, notably in the United States. Do policies aimed at boosting innovation risk making a bad situation worse?
US fiscal state is everyone's issue
Oped, Paola Subacchi, Published on 28/05/2025
» As Donald Trump's "big, beautiful" tax bill heads to the US Senate, investors everywhere are growing increasingly uneasy. On May 16, the credit-rating agency Moody's downgraded US sovereign debt from its long-held triple-A status to Aa1 -- following similar decisions by Standard & Poor's (in 2011) and Fitch Ratings (2023). Given the sheer volume of US debt -- which now stands at $36 trillion, or 124% of GDP -- and rising interest costs, these institutions have concluded that US debt metrics are no longer in line with those of similarly rated sovereigns.
Tariff trap
Oped, Postbag, Published on 08/04/2025
» Re: "Trump tariffs hammer global stocks, dollar and oil", (BP, April 4).
Fortress North America? My brain hurts
Oped, Gwynne Dyer, Published on 08/03/2025
» 'Today the United States launched a trade war against Canada, their closest partner and ally, their closest friend," said Prime Minister Justin Trudeau on March 4. "At the same time, they're talking about working positively with Russia. Appeasing Vladimir Putin, a lying, murderous dictator."
How Italy managed to beat fascism after WWII
Oped, Mark Gilbert, Published on 22/01/2025
» Americans are alarmed by their country's stark political divisions. But they shouldn't despair. After WWII, Italy was even more politically polarised than today. Yet by the mid-1950s, it had succeeded, against the odds, in turning the page on its fascist past and constructing a contentious but functioning democracy.
The link between climate and talk of 'remigration'
Oped, Gwynne Dyer, Published on 12/10/2024
» 'Remigration": the word had a harmless origin, as a term academics used to describe the phenomenon of migrants who failed to thrive in their new home and decided to go back to their birth country.
Democracy really needs to be more pro-worker
Oped, Daron Acemoglu, Published on 25/06/2024
» Even if the feared extremist wave did not quite materialise in the European Parliament election this month, the far right performed well in Italy, Austria, Germany, and especially France. Moreover, its latest gains have come on the heels of major shifts toward far-right parties in Hungary, Italy, Austria, the Netherlands, and Sweden, among others.
So what exactly is Macron's strategy, then?
Oped, Gwynne Dyer, Published on 13/06/2024
» Even before the final results were in from all of the 27 European Union countries that voted in the EU elections last weekend, President Emmanuel Macron had called national elections in France for the end of this month. What does he know that other European leaders don't?
Legalise sex work
Oped, Postbag, Published on 30/04/2024
» Re: "US carrier docks in Chon Buri for 'community service", (BP, April 24).
The utility of neutrality, now in steep decline
Oped, Gwynne Dyer, Published on 02/03/2024
» Neutrality used to be a European thing, but it is now in steep decline. If it were an animal, we'd have to declare it an endangered species.