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Biden’s Democracy Summit Success Now Depends on Allies
U.S. President Joe Biden’s best moment at last week’s Summit for Democracy was when he declared “democracy needs champions” before the most impressive gathering of potential champions of democracy ever assembled. Only the United States could have done this, even with its own recent setbacks on the march toward a better democracy. But if Biden wants to shift from symbolism to what he promised would be a “year in action,” he will need to pass more of the initiative to U.S. allies.
Lifting the Lid on Global Inequality
The reality captured by the World Inequality Report 2022 reflects human choices, which means that it can be changed by making other choices. That is why the report is not just a valuable compendium of useful data and analysis but also a guide to action.
Can We Trust What’s Happening to Money?
It’s not just about the demise of coins and dollar bills. It’s also about society’s faith in the very idea of money.
Boris Johnson and the Virtue of Accountability
A central advantage of genuinely democratic societies is that their leaders cannot get away indefinitely with bad, corrupt, or self-serving behavior. At long last, UK Prime Minister Boris Johnson now seems to be finding that out.
The Conservative Central Banker Returns
The European Central Bank and the US Federal Reserve’s new monetary-policy strategies now look like a case of adapting the general staff manual to fight the last war. The recent sharp increase in inflation on both sides of the Atlantic means that central bankers must again concentrate on their traditional task.
What Tech Futurists Get Wrong About Human Autonomy
A specter is haunting our technological imaginaries: the specter of autonomy. The problem is that we can’t quite decide from what or for whom.
When Democracy Gets Old
Beyond a respect for basic democratic processes and values, one thing that the world's democracies share is that they are all skewing older. Insofar as this trend leaves them more risk-averse and less capable of generating a long-term vision, it may be time to consider lowering the voting age.
Why Isn't Washington Merry?
With yet another new viral strain threatening the recovery, US President Joe Biden's honeymoon period is long over, as evidenced by his falling approval ratings. But, in fact, morale is declining on both sides of the aisle as politicians navigate the no man's land between ineffectiveness and extremism.
The Dark Side Of Meritocracy
What began as a principle that seemed to offer an alternative to inequality has become instead a justification for inequality.
Europe's Time to Shine
The European Union has long been a prime-mover in environmental and climate policy, as demonstrated by a series of major initiatives launched in recent years. But whether the EU can serve as a global climate leader will depend largely on whether it can overcome domestic resistance to decarbonization and new fiscal rules.
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