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Kenneth Rogoff
Filter: Category: SOCIETY > Democracies/autocracies
  • SOCIETY, Democracies/autocracies, Globalization, PSYCHOLOGY, Human condition

    Philippe Legrain, "Overcoming the Politics of Pessimism"

    Project Syndicate - 31 May 2018

    Nothing is more urgent than to do this! The think-tanker argues that reassuring the majority of voters who are fearful about the future requires ambitious policy solutions to help governments increase the economic pie faster and share it more fairly. Three major changes are required to do so: (1) governments must do more to spur productivity growth; (2) authorities must crack down on value extraction; (3) governments must bolster both opportunity and security (reads in 6-7 min).

    Published in Weekly selection 1 June 2018

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  • SOCIETY, Democracies/autocracies

    Francis Wilkinson, "Democracy Will Die, Maybe in Its Sleep"

    Bloomberg View - 22 May 2018

    Whether democracy is dying or not is today one of the most hotly debated political issues. Whichever side you take, this interview with the Cambridge professors who is an ardent proponent of the “democracy is dying” thesis is a must read. In his view, we are probably in the later stages of the democratic story, “somewhere over the hill”. But he also says the later stages of people’s lives can be the best years, if they face up to the fact that they are old (reads in 7-9 min).

    Published in Weekly selection 26 May 2018

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  • SOCIETY, Democracies/autocracies, Technology, Innovation

    Feng Xiang, "AI will spell the end of capitalism"

    The Washington Post - paywall - 3 May 2018

    We have delved into this issue on several occasions. This op-ed, written by one of China’s most prominent legal scholars and that reads like an official manifesto, explains that if AI rationally allocates resources through big data analysis, and if robust feedback loops can supplant the imperfections of “the invisible hand” while fairly sharing the vast wealth it creates, a planned economy that actually works could at last be achievable. By contrast, it argues that if AI remains under the control of market forces, it will result in a super-rich oligopoly of data billionaires (reads in 6-7 min).

    Published in Weekly selection 12 May 2018

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