Though the economy suffered during his tenure, Zuma was a shining example of what a better life could mean for rural South Africans.
To Trump, everything in politics – even at the global trade stage – is about him personally and how it affects his business interests.
Adam Smith was no blind worshipper of the market economy. He pointed to many of the deformations of human behavior that we still deplore today.
The “forgotten” Americans – to whom Trump solemnly promised that they would be forgotten no more – are likely to go empty-handed.
As the wealth of two-thirds of the world’s billionaires is based on inheritance, monopoly and cronyism, Trump will be among friends in Davos.
Those at the top of Wall Street finance know that what they do may be wrong – but not necessarily illegal. And so they carry on, under the “watchful” eye of US authorities.
Living under the modern conditions of “liquidity,” humans know that everything can happen—yet nothing can be done with confidence and certainty.
Failing to deliver on basic necessities of modern life does not seem to faze many Tory politicians much.
To move India forward, Narendra Modi and his BJP must follow a new script – protecting the poor and more accountability.
From the United States to Japan and Europe, Gross Imaginary Product has exploded everywhere real interest rates have been kept below zero.