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Weekly selection
11 November 2017

5 insightful op-eds or articles to help make sense of today’s world

  • Christopher Smart, “The Real Risk to the Global Economy”

    (Project Syndicate - 8 November 2017)

    The policy-maker turned think-tanker argues that the greatest political risks to global markets today are not the ones that are most visible (Korean peninsula, the Middle East, Venezuela and so on).  Even if a “big” crisis occurred, their impact on the markets would, like in the past, be transient. Today’s biggest risk is the US because if it becomes less predictable it might fundamentally reshape investor expectations and require a higher discount rate almost everywhere (reads in 5-7 min).

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  • Ida Auken, “Welcome to 2030. I own nothing, have no privacy, and life has never been better”

    (World Economic Forum’s Global Agenda - 11 November 2017)

    The Danish MP who’s played a vital role in shaping her country’s environmental policies exposes her vision of the future. Information is free, shopping is dead, robots and AI take over big parts of our jobs, obliging us to rethink our model of growth. Hence, our close relationship with nature is back: walking, biking, cooking, drawing and growing plant re-merge! She’s a voice worth heeding because Denmark is pioneering this future (reads in 4-5 min).

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  • Tyler Cowen, “Celebrating the tech revolution”

    (Bloomberg View - 10 November 2017)

    This is an optimist tech view from an economist who likes to say that: “we are overrating what tech has done for us to date, and underrating what it will do in the future”. Here, he argues that the economic transformation triggered by the tech revolution makes an era of steady growth and low inflation possible. This, because tech companies (with their radical model of low price, high market share, high quality rapid expansion) embody a future of diverse and highly useful platforms, rather than monopoly and high prices (reads in 3-5 min).

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  • Robin Wright, “The Saudi Royal Purge—with Trump’s Consent”

    (The New Yorker - 6 November 2017)

    Prince Salman’s purge has sent shockwaves of concern about Saudi’s stability. Among the thousands of articles written about its significance, this one stands out. For those unfamiliar with the Middle East and Saudi policy, it does a good job at explaining what Prince Salman’s crackdown means and how it might affect the Kingdom’s stability. To sum up: “the kingdom is entering into unchartered waters with unknown consequences” (reads in 6-8 min).

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  • Rachel Sherman, “A sociologist explains why wealthy women are doomed to be miserable”

    (Quartz - 9 November 2017)

    In this article, the author of  “Uneasy Street: The Anxieties of Affluence” explains the peculiar form that gender inequality can take for to the 1%. In most cases, a rich woman is someone who is married to a rich man—which makes her “inherently suspicious”. Affluent women thus become targets for cultural disdain, and stay-at-home mothers are a cultural lightning rod for anxieties about wealth and privilege. Far from enjoying their wealth, they are deeply anxious, and guilty, about their socioeconomic status (reads in 6-8 min).

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