Wednesday, April 23, 2014
  1. The Oligarchy Fallacy

    Jeffrey Frankel

    The Oligarchy Fallacy


     argues that attacking the ultra-rich is an inefficient way to reduce inequality.

    Newsart for The Oligarchy Fallacy Neil Girling/Flickr

    Many fear that the rise in income inequality stems from the growing role of money in politics, with the rich persuading governments to adopt policies that favor them as a class. But pursuing the anti-oligarchy argument is not the best way to reduce inequality. READ MORE

  2. The Second Opening of Japan

    Shinzo Abe

    The Second Opening of Japan


     uses Barack Obama's visit as an opportunity to lay out his country's grand strategy.

    Newsart for The Second Opening of Japan Elvin/Flickr

    US President Barack Obama is visiting Tokyo at a unique moment in Japan's history, with its economy moving onto a new growth path that will take advantage of its geographic position. Japan no longer considers itself the “Far” East, but rather the very center of the Pacific Rim, and a neighbor to the global economy's growth center. READ MORE

  3. The High-Tech, High-Touch Economy

    Adair Turner

    The High-Tech, High-Touch Economy


     explains how a fresh wave of automation is transforming employment and much else.

    Newsart for The High-Tech, High-Touch Economy

    Though we live in the hi-tech virtual world of the Internet, the most physical things – including urban land and service jobs – are rising in importance. But there is no contradiction: In an age of information and communication technology, it is inevitable that we value what an ICT-intensive economy cannot create. READ MORE

  4. Taming the China Bears

    Yu Yongding

    Taming the China Bears


     argues that predictions of a hard economic landing are largely unwarranted.

    Newsart for Taming the China Bears pchow98/Flickr

    China’s growth slowdown and mounting financial risks have spurred a wave of pessimism, with economists worldwide warning of an impending crash. But these predictions are largely based on historical precedents and universal indicators against which China, with its unique economic features, simply cannot accurately be judged. READ MORE

  5. The Future of Economic Progress

    Kemal Derviş

    The Future of Economic Progress


     homes in on the key questions surrounding the nature and measurement of contemporary growth.

    Newsart for The Future of Economic Progress nfradept/Flickr

    Slowly but surely, the debate about the nature of economic growth is entering a new phase. The emerging questions are sufficiently different from those of recent decades that one can sense a shift in the conceptual framework that will structure the discussion of economic progress – and economic policy – from now on. READ MORE

Focal Point

Cold War II?

280 pages
280 pages

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