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Topic "financial 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."
Thought Leader: Tomas Sedlacek | 03/08/13
Tomas Sedlacek, Devin T. Stewart, Anna Kiefer
"To use the New Testament sort of logic, who is my neighbor? Today that extends not only to your family or your literal neighbors. We know much more about the situations of poor people in China or India or Africa, and so the scope of ethical responsibility today has grown to some global measures."
Doing Capitalism in the Innovation Economy: Markets, Speculation and the State | 03/08/13
William H. Janeway
Economic growth is driven by successive processes of trial and error: research and invention and then experiments in exploiting the new economic space opened by innovation. Today, however, with the state frozen as an economic actor and access to public equity markets only open to a minority, the innovation economy is stalled. Warburg Pincus's William Janeway discusses how to get this vital economic sector moving again.
Thought Leader: Alan S. Blinder | 02/28/13
Alan S. Blinder, Devin T. Stewart, Anna Kiefer
"We still view ourselves as the land of opportunity, which, in a sense we are. But the opportunities are not trickling down to the bottom the way they used to."
The Great Convergence: Asia, the West, and the Logic of One World | 02/12/13
As more people become prosperous and interstate conflicts diminish, there is a convergence between East and West, says Kishore Mahbubani. Now we have to change our mindset accordingly and act as one united world on issues such as climate change. One important step is to reform the UN.
Global Ethics Corner: Does Iceland Offer a Better Path to Economic Recovery? | 02/11/13
When Iceland was hit hard in the 2008 financial crisis, it responded by doing everything Western economic theorists told it not to. It has made an impressive recovery, but financial problems remain. Should other countries follow Iceland's unorthodox model?