Tuesday, August 4, 2015
  1. Politics

    Clowns on the Campaign Trail

    Ian Buruma
    Politics

    Clowns on the Campaign Trail

    7

     asks why voters in democracies are attracted to buffoonish candidates.

    Donald Trump Brian Cahn/ZumaPress

    Disaffected voters can be found everywhere, whether in the US, Europe, or India. But they are not only turning away from mainstream political parties and following populists who promise to clean out the corrupt elites from the centers of power; they also share a taste for entertainers. READ MORE

  2. Economics

    A Marshall Plan for the United States

    Dambisa Moyo
  3. Economics

    The Government the Eurozone Deserves

    Yannos Papantoniou
    Economics

    The Government the Eurozone Deserves

    6

     warns that the common currency has no future without fiscal and political integration.

    Greek flag and EU flag Greek Parliament Michael Debets/ZumaPress

    A move toward fiscal and political integration is the price that Europe must pay to maintain its unity and global relevance. The alternative is inconsistent – if not arbitrary – enforcement of the current rules, inducing divisiveness among member states, and eventual fragmentation. READ MORE

  4. Economics

    Can the Euro Be Repaired?

    Jean Pisani-Ferry
    Economics

    Can the Euro Be Repaired?

    13

     addresses what has quickly become the fundamental question facing the European Union.

    german euro coin Mouser Williams/Flickr

    When Wolfgang Schäuble, Germany’s finance minister, recently tabled the option of a Greek exit from the euro, he wanted to signal that no member country could abstain from the monetary union's rules. But his initiative triggered a much broader discussion of the euro’s governance and the very rationale for its existence. READ MORE

  5. Business & Finance

    Still Too Big to Fail

    Simon Johnson
    Business & Finance

    Still Too Big to Fail

    11

     laments that systemically important banks still cannot be subjected to standard bankruptcy rules.

    Jamie Dimon Jamie Dimon/Fang Zhe/ZumaPress

    Nearly seven years after the global financial crisis erupted, and more than five years after the passage of the Dodd-Frank financial-reform legislation in the US, the cause of the crisis – banks that are “too big to fail” – has yet to be uprooted. As long as that remains the case, another disaster is only a matter of time. READ MORE

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