Category: Globalization

Americans, Led by Democrats, Get Friendlier With Free Trade

Apr 24, 2015

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by

mwkruse

in Capitalism and Markets, Globalization, International Affairs, Politics, Public Policy

Conversable Economist: Americans, Led by Democrats, Get Friendlier With Free Trade " … I welcome the overall shift toward a more positive view of foreign trade among Americans. As I've argued on this blog before, the next few decades seem likely to be a time when the most rapid economic growth is happening outside the…
What “Buy Local” Gets Wrong

Mar 25, 2015

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by

mwkruse

in Capitalism and Markets, Economics, Globalization, International Affairs

Ethics and Economic Education of New England: Buying local and blocking out the sun Incorporating the lens of opportunity cost into decision-making is probably one of the contributions of economic thinking. Failure to include it often leads well-intentioned movements into destructive outcomes. Jason Sorens does a good job illustrating this with the "Buy-Local" movement. So…
Globalization and Inequality: Two Complex Decades in One Simple Graph

Jan 28, 2015

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by

mwkruse

in Globalization, Poverty, Trends: Economic, Wealth and Income, Weatlh and Income Distribution

Pew Research Center: Chart of the Week: How two decades of globalization have changed the world (Source: Milanovic, B., Lead Economist, World Bank Research Department, Global income inequality by the numbers. Annotations by James Plunkett.) I have seen the unannotated version of this graph several times, but the annotations really make things clear. The graph…
Economic Development Links

May 27, 2014

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by

mwkruse

in Africa, Capitalism and Markets, Central America, China, Demography, Economic Development, Education, Environment, Gender and Sex, Globalization, Health and Medicine, Human Progress, International Affairs, Links – Economic Development, Poverty, Technology (Food & Water), Wealth and Income, Weatlh and Income Distribution

1. Economist: March of the Middle Class 2. Chrsitianity Today: Poverty Is a Moral Problem – Interview with William Easterly … The sad thing is that the field and practice of development have too often been on the wrong side of this debate. They’ve implicitly painted themselves into a corner where they’re on the authoritarian…
Economic Boom in Africa – Philip Jenkins

Apr 3, 2014

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by

mwkruse

in Africa, Economic Development, Globalization, Religion, Theology

Christian Century: Economic Boom in Africa – Philip Jenkins When I lecture on global Christianity, I am sometimes asked whether, in retrospect, I would revise what I wrote many years ago in books like The Next Christendom. Usually my answer is no. But in one critical area conditions are changing so quickly as to demand…
Economics Links

Mar 24, 2014

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by

mwkruse

in China, Economic Development, Environment, Globalization, Health and Medicine, International Affairs, Links – Economics, Poverty, Public Policy, Sociology, Trends: Economic, Wealth and Income, Weatlh and Income Distribution

1. AEI – James Pethokoukis: What MinuteClinics and Google Fiber teach about crony capitalism … Andy Kessler explains how established Internet service providers are trying to block Google from deploying Google Fiber, its superfast, gigabit broadband service. His solution: “The FCC can change this overnight. Instead of allowing municipalities to dictate onerous terms and laws…
Economics Links

Mar 5, 2014

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by

mwkruse

in Business, Capitalism and Markets, Economics, Environment, Europe, Gender and Sex, Globalization, Health and Medicine, Links – Economics, Poverty, Public Policy, Sociology, Trends: Economic, Wealth and Income, Weatlh and Income Distribution

1. Quartz: Globalization really means countries just trade with their neighbors 2. Business Insider: Europe's Share Of Global Profits Is At A 28-Year Low 3. USA Today: Europe widespread corruption 'breathtaking' … Meanwhile, the report, which was the first published by the EU to detail people's perceptions of corruption in the union, also said that…
Economics Links

Feb 3, 2014

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by

mwkruse

in Capitalism and Markets, Culture, Economic Development, Economics, Generations, Globalization, Health and Medicine, History, Human Progress, Links – Economics, Poverty, Race, Sociology, Trends: Economic, Trends: Social, Wealth and Income, Weatlh and Income Distribution

1. Brookings: Prospects for Ending Extreme Poverty by 2030 2. Carpe Diem: World trade and output both reached new all-time record highs in November and are nearly 10% above previous peaks 3. PBS Newshour: More than 200 million people were unemployed in the world in 2013 Worldwide, the number of unemployed people rose by 5…
Will There Be Any Poor Countries Left in the World in 20 Years?

Jan 21, 2014

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by

mwkruse

in Economic Development, Globalization, Great Divergence, Human Progress, International Affairs, Poverty, Trends: Economic, Trends: Social, Wealth and Income

Atlantic: Will There Be Any Poor Countries Left in the World in 20 Years? Bill and Melinda Gates Foundation: We hear these myths raised at international conferences and at social gatherings. We get asked about them by politicians, reporters, students, and CEOs. All three reflect a dim view of the future, one that says the…
Developing Countries Are More Than Economic Rivals and Terror Threats

Jan 17, 2014

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by

mwkruse

in Demography, Economic Development, Economics, Globalization, International Affairs, Politics, Poverty, Public Policy, Trends: Economic, Wealth and Income

The Atlantic: Developing Countries Are More Than Economic Rivals and Terror Threats I still hear many people today talk about the "Third World." It refers to those nations that were poor and not aligned with either Western capitalism (First World) or the communist world (Second World.) The Third World has vanished, and it is time…