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Our book, What Capitalism Needs, spells out what capitalism needs, drawing on the ideas of great but unduly neglected economists of the past including Friedrich List, Joseph Schumpeter, Maynard Keynes and Albert Hirschman—but with most attention being paid to Adam Smith and Karl Polanyi.
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The Covid-19 pandemic represents a profound challenge for all of mankind. A year after the first outbreak was discovered, deaths directly caused by the virus surpassed 2.5 million, and that number was almost surely an undercount. The discovery of several effective vaccines gave the world hope, but also led to conflict about who should get […]
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For more than 30 years, the public sector has focused on delivering public services more efficiently. Rationalization efforts, productivity campaigns and spending cuts have replaced the postwar expansion of public sector. Years of cost saving have eliminated the slack in public service organizations, and further cuts in public expenditure are likely to hurt public employees, […]
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The importance of competent government is perhaps the most important of the many painful lessons that are being learned during the pandemic. The significant variation in death rates across the globe illustrates there are many examples of governments responding well, less well, and disastrously. As the pandemic is ongoing and geography varies, care needs to […]
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When faced with phenomena that we find difficult to understand, we often turn to the past. Our understanding of the latter enables us to frame and dissect the events unfolding before us. I am a political scientist and I study development. But in contrast to many, when doing so, I turn to the past. For […]
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The global dimensions of migratory flows in the last century have created common dilemmas for liberal democracies throughout the world. As they address market demands for labor, states are faced with the challenges of safeguarding national borders from unsanctioned immigration while upholding democratic principles. The COVID-19 pandemic has exacerbated these dilemmas. Across the globe, states […]
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Covid-19 is challenging education provision around the globe. Here's how public opinion has affected the capacity of education systems to cope with the pandemic
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The coming to power of Donald Trump has sparked heated debate between pundits and academics about the consequences of right-wing populism in the United States and beyond. Although there’s little doubt that Trump’s populism represents a democratic threat, at the same time there’s no agreement on the extent to which US democracy is strong enough […]
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