VOXeu - 10 Nov 2017
This academic article may be a little dry and specific, but it reaches a fundamental conclusion: high levels of population diversity (the result of a lot of migration) have had a strong, positive influence on economic development, while high levels of polarization have undermined development. Wealthy countries that decide to forego new migration may be jeopardizing not only the short-term positive impact associated with greater diversity, but also the enduring positive influence of diversity on economic development (reads in 7-9 min).
Published in Weekly selection 24 November 2017
Project Syndicate - 25 Oct 2017
The Dean of the IE School of International Relations states that wages are no longer playing their central redistributive role because of the massive structural change caused by new technologies. He argues that, unless the decoupling of productivity and wages is addressed, the political convulsions many countries are currently experiencing will only intensify. He also presents a few possible solutions (reads in 5-7 min).
Published in Weekly selection 27 October 2017
AEON Magazine - 2 Oct 2017
The Harvard professor asserts that the nation-state remains the best foundation for capitalism because it is the only effective actor that can provide the various arrangements that markets rely on: all the regulatory and legitimising institutions like consumer-safety rules, bank regulations, central banks, social insurance and so on. However, hyperglobalisation and what he calls “elite globalism” now risk destroying nation-states. Quite long (reads in 9-12 min) but very rich!
Published in Weekly selection 13 October 2017