Monday, March 30, 2015
  1. World Affairs

    Last Chance for Ukraine and Europe

    George Soros
  2. Economics

    China’s New Normal and America’s Old Habits

    Stephen S. Roach
    Economics

    China’s New Normal and America’s Old Habits

    0

     pinpoints two sources of the confusion now prevailing among observers of Chinese affairs.

    Chinese premier Li Keqiang development forum Chinese Premier Li Keqiang/Pang Xinglei/ZumaPress

    China is generating a lot of confusion nowadays, both at home, where officials now tout the economy’s “new normal” but are unclear about what it is, and abroad, where the US is embracing “containment” of China’s rise. On both counts, the disconnects are striking, adding a new dimension of risk to a fragile world. READ MORE

  3. Economics

    The Monetarist Mistake

    J. Bradford DeLong
    Economics

    The Monetarist Mistake

    9

     explains how the power of a misguided idea led to a tepid response to the Great Recession.

    Wrong way go back sign Johnny Jet/Flickr

    The inadequate response to the Great Recession reflects policymakers' acceptance of Milton Friedman's analysis of the Great Depression. And yet the dominance of Friedman's monetarism has less to do with the evidence supporting it than with the fact that economics is all too often tainted by politics. READ MORE

  4. Sustainability & Environment

    Why the Sustainable Development Goals Matter

    Jeffrey D. Sachs
    Sustainability & Environment

    Why the Sustainable Development Goals Matter

    1

     is optimistic about the next stage in fighting poverty, inequality, and environmental degradation.

    Vermont river sunset Adam Riquier/Flickr

    The Sustainable Development Goals will continue the fight begun by the Millennium Development Goals against extreme poverty, and add targets relating to inclusiveness and environmental sustainability. But will a new set of goals actually be able to catalyze a shift from business as usual to true sustainable development? READ MORE

  5. Culture & Society

    Why Sanctions on Russia Don’t Work

    Andrei Kolesnikov
    Culture & Society

    Why Sanctions on Russia Don’t Work

    13

     shows that Western pressure has caused Russians to close ranks behind the Kremlin.

    Pro Russia rally St Basil Cathedral Anna Sergeeva/ZumaPress

    The Western approach to Russia assumes that continued pressure on the country will cause President Vladimir Putin’™s regime to make concessions or even crumble. But, as recent opinion polls suggest, such an approach is less likely to undermine the regime than to cause Russians to close ranks in Putin’s defense. READ MORE

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