Not only are immigrants a huge drivers of small businesses, but they tend to bring about good changes in their home countries--both economically and politically. What could we do if made it easier for them to come here? We love to exalt changemakers. Show More Summary
What should all these people say? How about this: "We're sorry. We apologize for giving you an economy without sufficient jobs and a politics that cannot pass what 90 percent of you want."
Bulgaria's GERB party is demanding a rerun of Sunday's election, blaming illegal campaigning for its failure to win more support and prolonging a political vacuum that would further undermine the European Union's poorest economy.Center-right...Show More Summary
Two years after the overthrow of Hosni Mubarak, a new national survey from the Pew Research Center finds that Egyptian public mood is increasingly negative. Month after month of political uncertainty, a weak economy and often violent street protests have taken their toll, and today a 56% majority of Egyptians are dissatisfied with the way their new democracy is working. [...]
There's virtually nobody left who credibly argues that austerity is a good remedy for a weak economy. But there is still some debate as to why, in the aftermath of the economic crisis, a number of smart people/business leaders/politics/etc. Show More Summary
And now? Last night 114 Tory MPs supported John Baron’s amendment regretting the absence of a referendum bill in the Queen’s speech. This morning a supporter of that amendment, James Wharton, has just topped the list for private members bills, the parliamentary equivalent of finding the golden ticket in Charlie and the Chocolate Factory. Wharton [...]
Asks Andrew Sullivan, looking at the outcry against Jason Richwine, "effective fir[ed]" from Heritage on accounted of his Harvard dissertation about race and IQ. Richard Zeckhauser, the Frank P. Ramsey Professor of Political Economy at Harvard, is on record as saying that “Jason’s empirical work was careful. Show More Summary
ConvergEx's Nick Colas undertook a recent trip to Afghanistan. As he notes, the country has a long way to go to reestablish a viable economy and political stability, but he saw enough to be optimistic on both counts. Security around the capital is tight, and Afghan troops look professional and disciplined. Show More Summary
Congress' plummeting interest in spending generally, and in Afghanistan specifically, threatens to scuttle any ongoing relationship between the two countries.
One of the most bothersome things about a true political scandal is that the public tends to yawn about it. So what, they tend to think. They're all corrupt anyway. Besides, this doesn't effect me or my family or my...
In What Then Must We Do?, political economy professor Gar Alperovitz slowly and deliberately nudges readers off the traditional course of political activism assumed to bring about progressive change - elections, legislative fights, protest...Show More Summary
WASHINGTON – President Barack Obama, facing one of the weakest American economies in recent memory, is touring the state of Texas to focus on job creation and economic growth. He had spent most of his political efforts and political capital on gun control and immigration reform laws, which have not produced any meaningful results. Reuters’ [...]
To call Victoria II dense would be a gross understatement. It's a pound cake, with each ingredient -- the tangled politics, vast wars, and simulated economies -- adding greater depth and increasingly complex, interweaving systems. Even...Show More Summary
It is ironic, if not surreal, that the president is traveling today to Texas — of all places — to celebrate the Obama economy. Texans oppose just about every political position he has taken, and their political leaders have opposed … Continue reading ?
A relatively unforeseen implosion in housing markets figured prominently in the 2007 meltdown in capital markets and the subsequent downturn in the global economy. This column presents new research on the political geography of subprime lending. Show More Summary
Robert H. Wade is a Professor of Political Economy, London School of Economics and a winner of the Leontief Prize in Economics for 2008. His “Governing the Market” won Best Book in Political Economy from the American Political Science Association. Originally published at Triple Crisis. It is by now generally accepted that the sharp rise [...]
Remember when political leaders would occasionally talk about the economy as an important national issue? Sure, it's been a while, but the White House announced yesterday President Obama hopes to remind folks about the economy with "a campaign-style tour to promote middle-class …
Robert Kuttner’s Debtors’ Prison ties together many of the individual fights progressives are battling over into a general argument for why our economy is broken 5 years after the Great Recession began. There are those fighting bothShow More Summary
One of the most seductive parts of President Barack Obama's political message (and the message of progressive Democrats in general) is sympathy for the poor and a willingness to talk about the disparities of capitalism -- about the rich being too rich and the poor being screwed. Show More Summary