Following his recent death, Vanguard Group founder Jack Bogle was widely and generously eulogized – and justifiably so. But if everyone followed Bogle’s investment strategy, market prices would turn into nonsense and would provide no direction to economic activity.
After weeks of facing down protests and riots by the "yellow vests," French President Emmanuel Macron has called for a national public consultation to determine where citizens stand on a number of pressing issues. But while a genuinely inclusive national debate may be just what France needs, it also could backfire spectacularly.
urges world leaders to spend more now on health, education, and skills to meet rising economic aspirations.
considers the late Vanguard founder Jack Bogle a hero to investors, but not a flawless one.
worries that self-interested unilateralism will usher in a world where everyone is worse off.
show why China’s multilateral view is the only way to ensure sustainable long-term growth.
urges countries to undertake the reforms needed to make globalization work for everyone – before it’s too late.
and PS Associate Editor Greg Bruno discuss the expansion of China’s digital censorship.
After the election of President Emmanuel Macron in France and the return of a centrist grand coalition government in Germany, many hoped that the Franco-German ax… read more
The biggest cloud hanging over the world economy is the incipient trade war with China launched by US President Donald Trump. But with America’s closes… read more
Today’s media landscape is littered with landmines: open hostility by US President Donald Trump, mounting censorship in countries such as Hungary, Turkey, a… read more
Africa’s economic rise is a world-changing development, but the sources of its emerging strength – and lingering weaknesses – are little understood. W… read more
Half of the world’s population live in cities, and that share is growing rapidly. How can cities expand, maintain services and communities, and be envi… read more
Education does not benefit only its recipients; it has a profound impact on national economic outcomes. Poor educational performance may be a determin… read more
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