Politics, Society

Recent Read: The Horrible Fantasy of Brexit

Don’t miss Scottish author William Boyd’s scathing remorse on the futility of Brexit in Le Monde. Some highlights below.   The Brexit problem, however, is an old one and goes back many decades. It’s to do with a particular cast of mind, a pervasive fantasy of England and the English (rather than Britain and the […]

Read more
Business, Politics

Recent Read: “The Cost of Political Connections”

I recently came across an interesting paper in the Review of Finance by Marianne Bertrand, Francis Kramarz, Antoinette Schoar and David Thesmar that explores the connections between CEOs and politicians in France. Though the analysis is about just one country, the paper raises bigger questions about CEOs and politicians anywhere.  Some highlights:   While previous research has focused on the advantages […]

Read more
Politics, Society

FT: How the US left the UK behind on aristocrats in power

Interesting commentary on FT.com about America’s aristocracy problem here Some highlights:   We think of America as having distinct mores from Britain — but there are traditions she retains, even after Britain has let go of them. Hunting with dogs was outlawed in Britain more than a decade ago. But on winter mornings in Maryland and […]

Read more
Politics

Is Liberal Federalism the Future of the Left?

As has been reported widely, the FCC recently changed its so-called “net neutrality” policy, effectively allowing broadband companies such as Verizon and Comcast to adjust their service delivery models to reflect the bandwidth usage of media sites. Net neutrality is a contentious issue, and the New York Times‘ Farhad Manjoo laid out the case for […]

Read more
Politics, Risk

Eurasia Group’s 2018 Risk Watch List

Don’t miss Eurasia Group’s 2018 political risk outlook out now.  From the report’s intro: Let’s be honest: 2018 doesn’t feel good. Yes, markets are soaring and the economy isn’t bad, but citi- zens are divided. Governments aren’t doing much governing. And the global order is unraveling. The scale of the world’s political challenges is daunting. […]

Read more
Economics, Politics

FT: America Has Chosen To Be Normal (Again)

For those of you who missed it, Robert Kagan of Brookings wrote an interesting piece in the FT recently, arguing that in electing Donal Trump American has chosen to abandon its global role and to become a “normal” country. In his view, normal simply means a nation more focused on its own interests that in maintaining a global […]

Read more