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Topic "financial crisis"
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?
Public Affairs: After the Music Stopped: The Financial Crisis, the Response, and the Work Ahead | 02/04/13
Alan S. Blinder
Alan S. Blinder, Princeton professor, "Wall Street Journal" columnist, and former vice chairman of the Federal Reserve Board, explains how the worst economic crisis in postwar American history happened, what the government did to fight it, and what we can do from here.
America in the 21st Century: A View from America | 11/19/12
"Why is it that the political system today seems so gridlocked? Why is the issue of brinkmanship in America so incredibly debilitating and so very real? Is there something which has always been the case in U.S. history or is there something else going on today which is fueling this problem and making this age of brinkmanship so pernicious?"
Why and How the Euro Zone Crisis Will Be Solved | 10/24/12
Jacob Funk Kirkegaard, Julian Harper
Danish economist Jacob Funk Kirkegaard offers a contrarian take on the euro zone crisis. While he notes that there are political problems within the European Union, he argues that the crisis is an opportunity from which Europe will emerge more integrated and resilient.
Public Affairs: The Righteous Mind: Why Good People Are Divided by Politics and Religion | 09/26/12
Jonathan Haidt, Joanne J. Myers
"Haidt is one of the smartest and most creative psychologists alive, and his newest book, "The Righteous Mind," is a tour de force--a brave, brilliant and eloquent exploration of the most important issues of our time. It will challenge the way you think about liberals and conservatives, atheism and religion, good and evil."--Paul Bloom, Yale University.
Ethics Matter: Dambisa Moyo on How Aid to Africa is Harmful | 09/24/12
Dambisa Moyo, Julia Taylor Kennedy
Aid has failed to create economic growth, says Moyo, and allows governments to evade their responsibilities. So when people say that aid provides essential services, they're missing the point. Except when disaster strikes, governments should be responsible for their citizens, not the international community.
America in the 21st Century: A View from the Arab World | 09/17/12
The key is still the Arab-Israeli conflict, says Muasher. "The U.S. is not going to be able to regain its credibility in the region if it tells the Arab public that 'If you are Egyptians or Tunisians or Syrians or Libyans yearning for freedom, we are with you, but if you are Palestinians yearning for freedom, it's complicated.'"
Thought Leader: Juan Somavia | 09/05/12
Juan Somavia, Devin T. Stewart
"We may have globalization, we have more interconnectedness, lots of things are happening, more trade. But what's the moral compass? You have the feeling that the compass is 'If you can get away with it, it's all right. If you are not found out, okay.'"