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Topic "financial crisis"
Is the Eurozone Crisis Over? | 09/24/15
Economist Martin Wolf lays out the three enormous problems Europe faces today: relations with Russia; a possible Brexit; and the migration crisis. He goes on to analyze Europe's economic situation, declaring that the 2008 crash resulted in well over a lost decade, and the economic and political repercussions will be felt for many more years to come.
Why We Cheat: Stories of Dishonesty and Human Nature from Dan Ariely and Others | 06/11/15
Dan Ariely, Vincent A. Cino, Francesca Gino, Bruce MacEwen, Julia Taylor Kennedy
In this last installment of our three-part series on workplace ethics in collaboration with EthicalSystems.org, we take an honest look at cheating. According to experts Dan Ariely and Francesca Gino, we all do it. But why? And, more importantly, what can make us stop?
A Dangerous Master: How to Keep Technology from Slipping Beyond Our Control | 06/08/15
"Social disruptions, public health and economic crises, environmental damage, and personal tragedies, all made possible by the adoption of new technologies, will increase dramatically over the next 20 years," predicts Wendell Wallach--unless we start now and implement checks and balances that will prove him wrong.
Flashpoints: The Emerging Crisis in Europe | 02/05/15
"Europe has always been a place of conflict and malice and anger and hatred, between classes and between nations. The question now is, can it be contained? I doubt it very much. The period from 1992 to 2008 was an interregnum, and an unnatural one. Europe is returning to itself, and when Europe gets sick, the world gets sick with it."
Clip of the Month: George Friedman on the Essential European Problem | 01/30/15
Stratfor founder and chairman George Friedman says that German reliance on exports and illegal entrepreneurism in Greece and other less affluent European economies, in large part, led to the debt crisis.
Extreme Political Parties in Greece: Economic and Cultural Factors | 01/22/15
Yannis Palaiologos, David C. Speedie
"There has been, in the period of the last 30 years especially, a breakdown of trust, not only between the governed and the government, but also between Greeks, among themselves." Palaiologos, a prominent Greek scholar-journalist, analyzes how Greece went wrong, the rise of extremist parties on both right and left, and what needs to be done.
America in Retreat: The New Isolationism and the Coming Global Disorder | 12/10/14
America is not in decline, but it's certainly in retreat, says Stephens, and this is a mistake. He argues that the United States is the ultimate guarantor of a relatively decent, stable, liberal world order, governed by a sense of rules and the knowledge, both among its friends and adversaries, that it has the will and the wherewithal to ensure its interests.
The Shifts and the Shocks: What We've Learned--and Have Still to Learn--From the Financial Crisis | 10/23/14
Why did the 2008 financial crisis occur? What should it teach us about modern economies and economics? Martin Wolf does a masterly job of untangling this complex catastrophe and proposes how we can avoid repeating our past mistakes.
How to Prevent Another Great Recession | 09/23/14
Asli Ay, Niovi Christopoulou
First, there will definitely be another recession, says Ay. As long as people make free economic decisions, they will make mistakes. But it's important to understand the fundamental reasons behind the recent subprime crisis. She goes on to discuss financial regulation, loan securitization, and the pitfalls of encouraging home ownership.
The Rise of the New Far Right in Europe and Implications for European Parliament Elections | 05/13/14
David Art, Virág Molnár, Cas Mudde
This panel gives an excellent overview of the complexities of the rise of right-wing populism across Europe, focusing in particular on France, the UK, and Hungary. The discussion illuminates the differences and similarities between the movements and shows how in many countries the themes of the radical left have been hijacked by the radical right.
A Conversation with Douglas Rushkoff, Digital Media Expert, Graphic Novelist and Documentarian | 04/30/14
Douglas Rushkoff, James Traub
With the advent of new means of interaction from the TV remote to Twitter, the media became a two-way conversation, says Douglas Rushkoff. But who controls, shapes, and benefits most from these interactions--we the users, or big business?
The Leading Indicators: A Short History of the Numbers That Rule Our World | 03/16/14
"By relying so heavily on things like GDP, unemployment, and the suite of statistics that grew up in their wake, we are using a really good 1950s set of tools designed to answer questions of global depression, World War II, and 1950s industrial nation-states that made stuff. We're really good at measuring that world, but we're not living in that world."
The Frackers: The Outrageous Inside Story of the New Billionaire Wildcatters | 02/02/14
Thanks to fracking and the unlikely characters who made this revolution happen, the United States is now the biggest energy producer in the world. The fracking bonanza is here to stay, argues Gregory Zuckerman, and the environmental hazards can be overcome. Our best course is to work with the industry to improve safety standards.
The Confidence Trap: A History of Democracy in Crisis from World War I to the Present | 12/18/13
Democracy is petty, trivial, and short-termist, says David Runciman. But having survived world wars and financial shocks over the last 100 years, it's also the most flexible and successful system of government the world has ever seen. These qualities make democracy quite susceptible to crises, but also able to navigate through them.
The Unwinding: An Inner History of the New America | 06/17/13
Since the late 1970s, says George Packer, we've been living in a new era. The structures that supported ordinary Americans' ambitions, from government to business to schools, have stopped working on their behalf. Instead, people felt they were on their own. Some have thrived greatly and others have been left behind, with a rising sense of panic.
Carnegie New Leaders: A Discussion with Independent Diplomat's Carne Ross | 05/29/13
Carne Ross, Eddie Mandhry
It's not always easy to do the right thing. "Had I had children, had I been 10 years older, I wouldn't have done it." In a candid talk, Carne Ross describes how he struggled with his conscience for years before leaving the British Foreign Service because of the Iraq War, and what he learned from this experience.
Global Ethics Corner: Why Does the EU Care About Olive Oil? | 05/28/13
A proposed EU ban on the use of dipping bowls and refillable glass bottles of olive oil in restaurants has people asking questions. Is this more useless meddling from the EU bureaucracy? Could the ban help struggling olive oil-producing states? Is there more to this story?
Breakout Nations: In Pursuit of the Next Economic Miracles | 04/15/13
Which countries will be the next big thing? Most follow a four-point cycle, says Sharma: "You have economic crisis. They carry out economic reforms. After they carry out economic reforms, some sort of boom takes place. Then complacency sets in, and then you get back to having a crisis." So beware! Economic development is extremely hard to sustain.
Global Ethics Corner: When Banks Fail, Who Should Pay? | 04/08/13
Cyprus is the latest European state to need a bailout from the Troika of the EU, the IMF, and the ECB. But this time, individual depositors are being asked to pick up part of the tab. Should taxpayers have to bear the burden if banks fail?
Thought Leader: Jonathan Sacks | 03/15/13
Jonathan Sacks, Devin T. Stewart
"The whole moral equation has become incredibly difficult, whether in terms of space or in terms of time. The moral community is now spread out across the world. Consequences are now long-term and not short-term. All in all, we have not yet evolved moralities that can really solve these problems."