What the West gets wrong about China

What the West gets wrong about China

Rana Mitter and Elsbeth Johnson August 23, 2021 Many people have wrongly assumed that political freedom would follow new economic freedoms in China and that its economic growth would have to be built on the same foundations as in the West. The authors suggest that those assumptions are rooted in three essentially false beliefs about modern China: […]

Economic growth is not the b-all and end-all in the Third World

Economic growth is not the b-all and end-all in the Third World

By Jonathan Power February 11, 2020 Do we know how to end poverty in the Third World? Do we know why some economies expand and others don’t? Not really. There is no clear formula for growth. The two Nobel economics prize winners of last year, the husband and wife team of Abhijit Banerjee and Esther […]

The World is finding happiness

The World is finding happiness

By Jonathan Power February 5, 2020 Can we be happier? All of us probably experience grave unhappiness at some point in our lives- a bereavement of someone close, a job loss, a bad illness, a vindictive boss, a drop in income or status, a loss of love for or from one’s partner, even a divorce, […]