• OPINION

  Coups don't depress economic growth

  News, Tyler Cowen, Published on 19/07/2016

  » As the chaos in Turkey is starting to clear, investors are asking what the failed coup might mean for the country's economic future. The news stories show many conflicting elements in play, and right now it is hard to make specific verifiable claims about what the country can expect. We can, however, turn to the broader historical record, and that suggests failed coup attempts against democratic governments don't much lower subsequent rates of economic growth in those countries.

• OPINION

  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.

• OPINION

  How China beats the US at progress with clean air

  News, Tyler Cowen, Published on 22/12/2016

  » As Beijing and more than 20 other cities in northern China have been plunged into another winter air-pollution crisis, with choking, toxic air and many people afraid to wander outside, observers wonder when China will start making significant progress on this problem. But there is some good news, namely that when it comes to clean air improvements, China probably is ahead of the historic pace of the US at a comparable stage of economic development.

• OPINION

  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.

• OPINION

  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.

• OPINION

  How gender relations define politics

  News, Tyler Cowen, Published on 09/04/2018

  » Explanations of the Donald Trump phenomenon often start with conservatives versus liberals, the rural-urban split, or perhaps race and immigration. Those all play a role, but the accumulation of evidence is validating a hypothesis from New York Times columnist Ross Douthat: A big and very fundamental split in American electoral politics today is between different understandings of sex and gender relations.

• OPINION

  What a pragmatist can hope for in talks with Kim

  News, Tyler Cowen, Published on 20/04/2018

  » It's been confirmed that CIA director Mike Pompeo held direct talks with Kim Jong-un in North Korea, and negotiations between Mr Kim and US President Donald Trump really do seem in the offing, so we need to ask how such negotiations might actually succeed.

• OPINION

  Ethiopia follows China's footsteps

  News, Tyler Cowen, Published on 30/05/2018

  » Will Ethiopia become "the China of Africa"? The question often comes up in an economic context: Ethiopia's growth rate is expected to be 8.5% this year, topping China's projected 6.5%. Over the past decade, Ethiopia has averaged about 10% growth.

• OPINION

  Trump, Kim can learn lots from city-state

  News, Tyler Cowen, Published on 13/06/2018

  » US President Donald Trump and North Korean leader Kim Jong-un are spending such a short amount of time in Singapore this week. Maybe they should stick around longer to see what makes its economy tick. Singapore is an especially wealthy nation, with a per capita income of about US$90,000 (2.8 million baht), well above that of the US. But how is this prosperity maintained, and why has Singapore commanded so much admiration from liberals and conservatives alike?

• OPINION

  Who will be AI's first billionaire?

  News, Tyler Cowen, Published on 20/02/2023

  » Great advances in technology often result in vast increases of wealth. So as the AI boom continues, one obvious question is who will profit -- and by how much. My view, which may be deflationary for entrepreneurs but good for consumers, is this: Relative to how much artificial intelligence changes the world, its early pioneers won't get especially rich.

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