George Soros believes it’s time to stave off disaster. As he sees it, the world faces one of the most dangerous periods of modern history—a period of “evil.” Europe is confronting a descent into chaos and conflict. In America he predicts riots on the streets that will lead to a brutal clampdown that will dramatically…
President Obama pledged in the State of the Union address to use government power to balance the scale between America’s rich and the rest of the public, trying to present an election-year choice between continued leadership toward an economy “built to last” and what he called irresponsible policies of the past that caused an economic…
Unemployment time series in Spain behave in a chaotic way according to a study at the University of Seville. Such chaos demonstrates the complex and unpredictable nature of the Spanish labour market in the long run. However, short term patterns can be predicted using complex mathematical models.
Like all of us, economist Tyler Cowen loves a good story. But in this intriguing talk from TEDxMidAtlantic, he asks us to step away from thinking of our lives—and our messy, complicated irrational world—in terms of a simple narrative.
A common misconception is that hunger crises are about a lack of food. In Northern Kenya, where an estimated half a million Kenyan children and pregnant or breast-feeding women suffer acute malnutrition, there is food but the real issue is poverty. In April the World Bank reported that 44 million people worldwide were pushed over…
Eric Beinhocker’s “The Origin of Wealth” offers exciting metaphors for rethinking Darwinism and evolutionary theory.