Friday, July 28, 2017
  1. Economics

    Why Tax Cuts for the Rich Solve Nothing

    Joseph E. Stiglitz
    Economics

    Why Tax Cuts for the Rich Solve Nothing

    22

     offers a primer on the Trump administration's coming effort to redistribute wealth upward.

    Investment business Spencer Platt/Getty Images
    America’s plutocrats may disagree about how to rank the country’s major problems, but the solution to them is usually the same: lower taxes and deregulation, to “incentivize” investors and “free up” the economy. While President Donald Trump is counting on this package to make America great again, it won't work, because it never has. READ MORE
  2. Innovation & Technology

    China’s New Digital Dividend

    Andrew Sheng, ET AL
    Innovation & Technology

    China’s New Digital Dividend

    & 6

    &  argue that, despite mounting debts, the country is set to move further up the global value chain.

    Chinese digital economy VCG/Getty Images
    Despite current concerns about China's corporate-debt crisis, rapid digitization is transforming the Chinese economy, and elevating its place in the global value chain. But China's ongoing transition is as risky as it is exciting, because no economy so large has undergone such rapid, far-reaching change. READ MORE
  3. Economics

    How Would Health-Care Reform Affect Patient Health?

    Martin Feldstein
    Economics

    How Would Health-Care Reform Affect Patient Health?

    13

     highlights the costs that states and hospitals would face from cuts in the federal Medicaid program.

    US Hospital patient check Brendan Smialowski/Getty Images
    The US Congressional Budget Office has estimated that some 32 million people would lose their formal insurance coverage in the next decade under the various proposals to replace "Obamacare." But it is important to understand just what that would mean in practice, and how much it would actually affect health outcomes. READ MORE
  4. World Affairs

    Kaczyński’s Threat to Europe

    Jacek Rostowski
  5. Politics

    Democratic Resilience for a Populist Age

    Helmut K. Anheier
    Politics

    Democratic Resilience for a Populist Age

    4

     shows how small civic measures can go a long way toward ensuring stable, representative governance.

    Protest in Warsaw Nur Photo/Getty Images
    Those who oppose open, liberal societies have garnered a disconcerting level of influence in recent years. At the same time, current debates about the state of democracy have focused too much on problems, and not enough on how to protect democratic institutions from illiberal threats. READ MORE

Video

Riding in Cabs with Joseph Nye

Joseph S. Nye discusses great power politics with PS’s Mark Leonard, the director of the European Council on Foreign Relations

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