August 21, 2023 ROBERT SKIDELSKY The economic shocks of the past two decades were not freak occurrences but rather the product of a profoundly flawed and corrupt system. But narrowing the policy discussion to a binary choice between market fundamentalism and protectionism overlooks the potential for constructive leadership. SALZBURG – In 2009, while the world … Continue reading Imagining a Keynesian Revival
Project Syndicate
June 19, 2023 ROBERT SKIDELSKY Geopolitics, which originated during the run-up to World War I, represents an inherently pessimistic view of international relations as a perpetual power struggle. But as the world’s military and policy establishments prepare for prolonged conflict, we must resist the allure of the zero-sum mindset. LONDON – One of the regrettable … Continue reading The Costly Return of Geopolitics
Against the backdrop of the new cold war between the United States and China, the European Union’s top brass seems to be adding to the pressure on China by issuing credible threats in response to four grievances. Alas, the Chinese authorities are probably more amused than alarmed. ATHENS – On the December 7, the presidents […]
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Big Tech is so profoundly different from other industries that it cannot be regulated like the trusts, cartels, or conglomerates of the past. After all, if regulators tried to break up Facebook or TikTok, they would be confronted by enraged users for whom the universal nature of these platforms is the reason they use them. […]
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The European Union’s supporters celebrate the survival of the euro, the fact that public debt is no longer the threat it was, and, crucially, that their mercantilist business model remains intact. But it has come at a steep price: Europe’s permanent stagnation and continuing fragmentation. ATHENS – Europe is languishing in a long-term economic slump whose origins […]
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Since taking over as president of the European Central Bank in late 2019, Christine Lagarde has committed three major errors that play right into the hands of right-wing populists. Now, one can only hope that these parties’ own incompetence will sink them before next year’s European Parliament elections. ATHENS – Christine Lagarde’s three blunders as president […]
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The United States is experiencing an investment boom, owing to industrial policies that grant enormous subsidies – including to European firms – for investing in America, largely in green tech. Europe, meanwhile, is responding with a return to the austerity policies that caused it to fall behind the US in the first place. ATHENS – […]
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Humanity has now developed AI algorithms capable of fully decoding a killer bug’s proteins and creating an effective antibiotic. Was there ever any doubt that conglomerates like Amazon would seize upon this opportunity to shrink workplaces along their supply chain where AI predicts a higher probability of unionization? ATHENS – Last week brought a rare good-news […]
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Once upon a time, the greed of tobacco companies was channeled through libertarian outrage over the restriction of smokers’ freedom to choose cancer. Today, the outrage is serving the interests of bankers panicking at the prospect of central bank digital currencies. ATHENS – When First Republic Bank failed, the Federal Deposit Insurance Corporation organized a […]
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Only a comprehensive reconfiguration of property rights over the increasingly cloud-based instruments of production, distribution, collaboration, and communication can rescue the foundational liberal idea of liberty as self-ownership. Reviving the liberal individual thus requires precisely what liberals detest: a revolution. ATHENS – My father was the epitome of the liberal individual, a splendid irony for […]
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