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Donald Trump, the Republican Party's presumptive US presidential nominee, has expressed deep skepticism about the value of America's alliances. His is a very nineteenth-century view of the world, says Joseph Nye.
Donald Trump, the Republican Party’s presumptive US presidential nominee, has expressed deep skepticism about the value of America’s alliances. His is a very nineteenth-century view of the world.
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Nothing here for me to disagree with. I might add that Trump is an egomaniacal jackass with no mouth control. Terrible presidential material. He has one thing going for him. He isn't a Clinton. He needs advisors steeped in Horowitz and Kissinger policy and lore to tell him how to handle things. Treating enemies like friends and friends like enemies is likely not to work out well in the long run. 
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Joseph Stiglitz argues that negative interest rates and major central banks' latest round of monetary stimulus reflects a flawed economic model.
One reason for the lingering effects of the 2008 financial crisis is central banks' continued reliance on a flawed economic model. As long as policymakers focus on interest rates instead of on the flow of credit, the problem of deficient aggregate demand is unlikely to be resolved.
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Hernando de Soto argues that economic empowerment, not military intervention, is the only approach that can work. Read the full #oped:
It’s been 14 years since US President George W. Bush declared a “global war on terror.” Now that another president – François Hollande of France – has also declared war on terror (as have other European leaders), are the prospects for victory really any better?
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"How the Fourth Industrial Revolution progresses will come down to people, #culture, and values." – Klaus Schwab. Read the full #oped:
The Fourth Industrial Revolution that is underway can compromise humanity’s traditional sources of meaning – work, community, family, and identity – or it can lift humanity into a new collective and moral consciousness based on a sense of shared destiny. Which outcome emerges is up to us.
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Dorothy Lanasa's profile photo
 
I think this is 3d replication. I wish thewould make me a few more veins for mylegs. The pigs powder may be too thick producing. How about cantella Asiatic.

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Kenneth Rogoff expects El Niño to benefit Europe and the US, but hurt the developing world.

#Harvard #ElNino #Oped
Until recently, the usual thinking among macroeconomists has been that short-term weather fluctuations don’t matter much for economic activity. But recent economic research, bolstered by an exceptionally strong El Niño, has prompted reconsideration of this view.
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Cooperation and responsible citizenship can break the global economy's toxic cycles:

"The current non-system is pushing the world toward competitive monetary easing, to no one’s ultimate benefit. Developing a consensus for free trade and responsible global citizenship would set the stage for the sustainable growth the world desperately needs."

– Raghuram Rajan, Governor of the Reserve Bank of India
As 2015 ends, the world boasts few areas of robust growth. At a time when both developed and emerging-market countries need rapid growth to maintain domestic stability, this is a dangerous situation.
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Nouriel Roubini singles out the main factors holding back both advanced and emerging economies.
The IMF and others have recently revised downward their forecasts for the global economy – yet again. Little wonder: The world economy has few bright spots, with both actual and potential output growth declining in advanced and emerging economies alike.
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J. Bradford DeLong shows that the end of scarcity does not mean the end of economic problems.
As humankind enters an age of abundance, the biggest challenge facing economists will no longer be to find the best ways to allocate scarce resources. Rather, it will be to help people protect themselves from manipulation.
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Wow, beautiful!

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Barry Eichengreen answers what Bernie Sanders, Ted Cruz, and other US presidential hopefuls get wrong about US monetary policy.

Photo: Branden Camp via ZUMA Wire
The silly season that is a US presidential election campaign has become particularly absurd as the candidates have offered their proposals for monetary-policy reform. Indeed, the radical nature of the current crop of schemes to change how the Fed operates is exceptional by historical standards.
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"We need to transform the way our societies function – and fast." Read why in the latest #oped by Kemal Derviş.
The impact that groundbreaking technological advances like artificial intelligence will have on the functioning of our economies and labor markets has been widely discussed for a long time. But proposals for coping with it do not reflect the true scale of the challenge ahead.
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Imposing sanctions may feel good. But +Kofi Annan et al. argue for a more refined way to change states' behavior. Read the full #oped:
The time has come for the great powers to reassess the value of economic sanctions as a diplomatic cudgel. Imposing sanctions may feel good; but the evidence indicates that, to achieve success and avoid unintended consequences, carefully calibrated sanctions must be pursued in tandem with political engagement.
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Keyu Jin, a professor of #economics at the London School of Economics, says larger families will propel the long-awaited shift in #China's growth model.
The impact of China's new two-child policy is likely to be just as far-reaching as that of its one-child policy – and, overall, much more positive. One key reason is that an increase in the number of children per household will force a reduction in the aggregate savings rate, thereby fulfilling a long-standing macroeconomic goal.
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The world's pre-eminent source of original op-ed commentaries.
Introduction
                 
Project Syndicate is the world's pre-eminent source of original op-ed commentaries. A unique collaboration of distinguished opinion makers from every corner of the globe, Project Syndicate provides incisive perspectives on our changing world by those who are shaping its politics, economics, science, and culture.

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