NEW YORK – My book, A World in Disarray, was published five years ago this month. The book’s thesis was that the Cold War’s end did not usher in an era of greater stability, security, and peace, as many expected. Instead, what emerged was a world in which conflict was much more …
Read More »Exit the Ox, Enter the Tiger. A look back on the Year that Was
With a first snowfall in Bhutan behind us, winter is clearly here and weeks of wintry weather might well lie ahead. Yet, so too arrives the lunar new year this February and Losar this March, and the Year of the (Water) Tiger. As we now welcome in 2022, who was …
Read More »How Erdonomics Sank Turkey
WASHINGTON, DC – Turkey’s economy is in crisis. Inflation is high and rising, economic growth is stalling, foreign-exchange reserves have plummeted, many goods are in short supply or simply unavailable, and low- and middle-income households are increasingly impoverished. With per capita GDP having fallen from $12,600 in 2013 to $8,500 in 2020, Turkey’s …
Read More »Lifting the Lid on Global Inequality
NEW DELHI – The World Inequality Report 2022, produced by the Paris-based World Inequality Lab, is a remarkable document for many reasons – starting with its demonstration of the immense power of patient collective research. The report provides the latest estimates, based on careful aggregation of national data from a multitude of …
Read More »Stopping the For-Profit Pandemic
WASHINGTON, DC – It has been less than two years since phrases like “flatten the curve,” “contact tracing,” “social distancing,” and many others related to the COVID-19 pandemic entered the lexicon and became part of everyday communication. People everywhere have learned more about epidemiology, virology, and immunology than they ever …
Read More »Fact check on what the mass Israel vaccination vs natural immunity study really said
An Instagram post highlighted a headline about a non-peer-reviewed study from Israel that found that unvaccinated people previously infected with SARS-CoV-2 had greater immunity against the delta variant than never-infected people fully vaccinated with Pfizer/BioNTech’s COVID-19 vaccine. But the social media post omitted the study’s other finding that one dose …
Read More »The G20 and the Means to Climate Safety
NEW YORK – The philosopher Immanuel Kant famously said that, “Whoever wills the end also wills…the indispensably necessary means to it that is in his control.” Put simply, when we set a goal, we ought to take the actions needed to achieve it. This is an essential maxim for our …
Read More »What Developing Countries Need to Reach Net Zero
DUBAI – The recent report from the Intergovernmental Panel on Climate Change warns that the planet will warm by 1.5º Celsius by 2040 unless urgent measures are taken to eliminate greenhouse-gas emissions. After the report’s release, UN Secretary-General António Guterres aptly called it “a code red for humanity.” Global warming is becoming an increasingly urgent …
Read More »China’s Risky Business Crackdown
CHICAGO – Is there a larger purpose to the Chinese government’s recent actions against the country’s largest corporations, and does its cleanup of the financial sector fit into its economic strategy? China has sought for at least 15 years to rebalance its growth from exports and fixed-asset investment to greater …
Read More »Can Xi End China’s Gilded Age?
ANN ARBOR – Within the span of a generation, a new super-rich class emerges from a society in which millions of rural migrants toiled away in factories for a pittance. Bribery becomes the most common mode of influence in politics. Opportunists speculate recklessly in land and real estate. Financial risks …
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The Bhutanese Leading the way.