Sunday, September 21, 2014
  1. Politics

    Reuniting the United Kingdom

    Chris Patten
  2. Politics

    Small Countries’ Big Successes

    Michael O’Sullivan
    Politics

    Small Countries’ Big Successes

    &  ask why small countries are disproportionately prosperous.

    Catalonia Scotland Independence Miquel Benitez/Flickr

    Roughly 75% of today’s small countries were formed in the last 70 years, mostly as a result of broader democratic transitions and in tandem with trade growth and globalization. Their successes and failures are more germane to current discussions than, say, the fiscal implications of Scottish independence. READ MORE

  3. Economics

    Europe’s Bargain

    Michael Spence
    Economics

    Europe’s Bargain

    12

     calls for eurozone members to cut public-sector liabilities while hiking public-sector investment.

    EU Parliament Strasbourg EU Parliament/Flickr

    Eurozone member countries should implement fiscal and structural reforms in exchange for short-run relaxation of fiscal constraints – not to increase liabilities, but to focus on growth-oriented investments to jump-start sustained recovery. If they do, private investors would take note, accelerating the recovery process. READ MORE

  4. World Affairs

    Dying for Europe

    Peter Sutherland
    World Affairs

    Dying for Europe

    3

     demands a new EU policy toward migrants and asylum-seekers, following a summer of death.

    African immigrants arriving in Lampedusa Italian Navy Press Office/Flickr

    With some 1,600 asylum-seekers having died in the Mediterranean Sea since June 1, Europe's policy toward migrants and asylum-seekers is clearly in need of reform. While Europe cannot help all of those fleeing violence and destitution, it can certainly do more, especially if it adopts a unified approach. READ MORE

  5. Economics

    Piketty’s Missing Rentiers

    Jeffrey Frankel
    Economics

    Piketty’s Missing Rentiers

    18

     says that inequality is rising, but not for the reason Thomas Piketty has given.

    Rich and poor on street Ice Man/Flickr

    Thomas Piketty predicts that interest rates will rise substantially above the growth rate, capital will accumulate, and the rich will get richer through inheritance and capital income, rather than through outlandish salaries and stock options. But unearned income is not what is driving the current rise in inequality. READ MORE

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