Rather than attempting to beat Iran into submission with escalating economic sanctions, the international community should be attempting to guide it toward greater openness. Such an approach would improve the prospects of successful negotiations with the West, both before and after the 2020 US presidential election.
Djavad Salehi-Isfahani is Professor of Economics at Virginia Tech, Senior Fellow for Global Economy and Development at the Brookings Institution, and a research fellow at the Economic Research Forum (ERF) in Cairo
The conventional Western view is that China faces the alternatives of integrating with the West, trying to destroy it, or succumbing to domestic violence and chaos. But the Chinese scholar Lanxin Xiang instead proposes a constitutional regime based on a modernized Confucianism.
Robert Skidelsky, a member of the British House of Lords, is Professor Emeritus of Political Economy at Warwick University. The author of a three-volume biography of John Maynard Keynes, he began his political career in the Labour party, became the Conservative Party’s spokesman for Treasury affairs in the House of Lords, and was eventually forced out of the Conservative Party for his opposition to NATO’s intervention in Kosovo in 1999
Does the solution to widening economic inequality lie in a wealth tax? We speak to Emmanuel Saez, an adviser to Elizabeth Warren who helped design the “Ultra-Millionaire Tax” plan.
Emmanuel Saez is the Director of the Center for Equitable Growth at the University of California at Berkeley. He is a recipient of the John Bates Clark medal, awarded to economists under 40 who have made a significant contribution to the economics field, and co-author, with Gabriel Zucman, of Triumph of Injustice: How the Rich Dodge Taxes and How to Make Them Pay – Elmira Bayrasli is the co-founder and CEO of Foreign Policy Interrupted and the author of From The Other Side of The World: Extraordinary Entrepreneurs, Unlikely Places
Though the concept of “stakeholder capitalism” has been around for a half-century, it has only recently begun to gain traction against the prevailing shareholder-primacy model of profit maximization. Now, advocates of a more socially conscious economic system must take steps to ensure that their vision takes hold for the long term.
Klaus Schwab is Founder and Executive Chairman of the World Economic Forum
Writing in the 1830s, as the Industrial Revolution gathered pace, Honoré de Balzac anticipated the broader social concern: “The secret of great fortunes without apparent cause is a crime that has been forgotten, because it was properly carried out.” But today’s billionaires make forgetting impossible.
Simon Johnson, a former chief economist of the IMF, is a professor at MIT Sloan, a senior fellow at the Peterson Institute for International Economics, and co-founder of a leading economics blog, The Baseline Scenario. He is the co-author, with Jonathan Gruber, of Jump-Starting America: How Breakthrough Science Can Revive Economic Growth and the American Dream.
In response to growing public demand, policymakers and business leaders are increasingly uniting around shared commitments to reduce planet-warming greenhouse-gas emissions. But while phasing out fossil fuels is necessary, ensuring humanity’s long-term survival will also require far-reaching protections for the Earth’s natural systems.
Johan Rockström is Co-Chair of Future Earth’s Advisory Committee and Director of the Potsdam Institute for Climate Impact Research – Joyeeta Gupta is Professor of Environment and Development in the Global South at the University of Amsterdam and Professor of Law and Policy in Water Resources and Environment at the IHE Delft Institute for Water Education – Dahe Qin is Director of the Academic Committee of the Chinese Academy of Sciences
China’s leaders and their mouthpieces in Hong Kong have repeatedly claimed that a silent majority of the local community opposed the demonstrators, and that foreign “black hands” were behind the protests. But the city’s district council elections on November 24 told a different story.
Chris Patten, the last British governor of Hong Kong and a former EU commissioner for external affairs, is Chancellor of the University of Oxford.
The arbitrary ouster of Central European University from Hungary highlights two realities about the European Union. First, the EU has relatively little power to protect the non-economic rights of the bloc’s citizens, and, second, leading European politicians lack the will to stop autocrats like Hungarian Prime Minister Viktor Orbán.
László Bruszt, Professor of Political Science at Central European University, served as Acting Rector and President of CEU in 1996-1997.
Governments and the private sector are feeling increasing pressure from the public to reduce greenhouse-gas emissions and strengthen environmental conservation policies. But the world also cannot ignore the more immediate need for investments in climate resilience.
Emma Navarro is Vice President of the European Investment Bank.