Does the wave of political change now sweeping the globe presage a new era of political violence? Commentaries by Harold James and Helmut Anheier entertain the possibility of violence erupting between states and within them.
Sep 12, 2017 says that only a realignment of political parties can reverse the decay of US democracy.
Sep 12, 2017 argues that economic and political trends today are following a familiar historical pattern.
The worse economic fundamentals and forecasts become, the more mysterious stock-market outcomes in the US appear. At a time when genuine news suggests that equity prices should be tanking, not hitting record highs, explanations based on crowd psychology, the virality of ideas, and the dynamics of narrative epidemics can shed some light.
Many Western economists presume that governments are not very good at identifying industries that merit support, and that domestic consumers and taxpayers incur the bulk of the costs. By the same logic, if Chinese policymakers effectively targeted activities where social benefits exceed private benefits, then it is not clear why foreigners should complain.
