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– Around the world, there is enormous enthusiasm for the type of technological innovation symbolized by Silicon Valley. In this view, America’s ingenuity represents...
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– One definition of an emerging-market economy is that its political risks are higher, and its policy credibility lower, than in advanced economies. After...
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– Public pension programs around the world are in financial trouble. Because of continuing increases in life expectancy, the number of eligible retirees is...
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– The US Federal Reserve is being widely blamed for the recent eruption of volatility in emerging markets. But is the Fed just a...
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– Markets can fail. But, as has been demonstrated in areas like air pollution, traffic congestion, spectrum allocation, and tobacco consumption, market mechanisms are...
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– Soon after the global financial crisis erupted in 2008, I warned that unless the right policies were adopted, Japanese-style malaise – slow growth...
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– The near-term outlook for the US economy has improved, owing to the sharp increase in household wealth in 2013, together with the end...
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– In his pathbreaking 2005 book On Intelligence, Jeff Hawkins proposed an alternative paradigm of how the human brain works. In his view, the brain...
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– Some ideas are intuitive. Others sound so obvious after they are expressed that it is hard to deny their truth. They are powerful,...
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– It is often difficult to understand how countries that are dealt a pretty good economic hand can end up making a major mess...