For more than a century, Japan has pioneered global political trends. That it is now gravitating, truly for the first time, towards a revitalizing democratic West speaks volumes.
The Fed’s post-September 2008 monetary policy hasn’t worked as usual to stimulate a recovery. The reason lies in the unprecedented depths of the housing collapse. Conclusion: The United States must export its way to robust growth, as other countries have done.
Common knowledge about the relationship between demographic pressures and economics is commonly wrong. Under current, and especially future, social and technological circumstances, the more people the better.
The stakeholder model of China’s full integration into the current liberal global order fails to reckon with the worldview and political interests of the Chinese Communist Party.
Seen from Kazakhstan, China looms as a change-maker and a potential big problem. Pro-Russian sentiment in Central Asia is thus more than just nostalgia.
A little economic history goes a long way to show how money and debt interact. The Tea Party movement may have strange ideas about public policy, but its instincts on basics are not that far off the mark.
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