LONDON : Why are citizens of free countries increasingly disenchanted with democracy and tempted to vote for populists and authoritarians? Peruse the press or spend an afternoon with recent academic literature, and you will find that one answer...
LONDON: Why is Donald Trump going after Harvard University and other elite colleges? The official reason is Anti-Semitism, but over 600 Harvard professors, many of them Jewish, think that charge is ludicrous. Economics cannot be the reason, either...
LONDON: US President Donald Trump thinks America is only for Americans. The US dollar, by contrast, is for everyone. Should the BRICS grouping of emerging economies create a new currency, Trump has tweeted, or “back any other currency to...
NEW YORK: Forty-eight years ago, my mother, my sister, and I arrived in the United States as political refugees from General Augusto Pinochet’s dictatorship in Chile. Though we came from Latin America, no one accused us of being rapists or of...
LONDON: Who 'lost' the 2024 United States presidential election? How could Donald Trump receive 77 million votes and easily capture a majority of the Electoral College? Those questions will haunt the Democratic Party – and liberals...
LONDON: Faced with Donald Trump’s frightening victory, many progressives have reacted in one of two ways. It is hard to decide which one is worse. The first is pure spite. The day after the election, I met with a liberal American friend,...
LONDON: Some people call it left-wing identity politics. Others call it “wokeism”. It helped elect Donald Trump president of the United States and provided convenient controversies to distract British voters from Prime Minister Boris...
LONDON: “The left and the right united shall never be defeated,” claimed the Chilean poet Nicanor Parra, and the current debate over deglobalisation illustrates the point. So-called progressives never liked fast growth in world trade...
LONDON – While they stare quietly at their models, macroeconomists are hearing the distant rumble of revolt. A year ago, the Nobel laureate economist Joseph Stiglitz announced that capitalism was undergoing “yet another existential...