FrankenTech

April 19, 2023, Central European University LONDON – In Mary Shelley’s novel Frankenstein, or The Modern Prometheus, scientist Victor Frankenstein famously uses dead body parts to create a hyperintelligent “superhuman” monster that – driven mad by human cruelty and isolation – ultimately turns on its creator. Since its publication in 1818, Shelley’s story of scientific research … Continue reading FrankenTech

Can Governments Still Steer the Economy?

Mar 28, 2023 ROBERT SKIDELSKY Inflation and growth rates are increasingly determined by global events over which national policymakers have no control. Instead of clinging to the illusion that they can control the uncontrollable, governments should use fiscal policy to protect their most vulnerable citizens from disruptive external shocks. LONDON – In 1969, the British … Continue reading Can Governments Still Steer the Economy?

Globalization’s Latest Last Stand

February 20, 2023 With the world increasingly turning away from economic integration and cooperation, the second wave of globalization is threatening to give way to fragmentation and conflict, as the first wave did in 1914. Averting catastrophe requires developing strong political foundations capable of sustaining a stable international order. LONDON – Is the world economy … Continue reading Globalization’s Latest Last Stand

Too Poor for War

Nov 8, 2022 ROBERT SKIDELSKY and PHILIP PILKINGTON Decades of deindustrialization have hollowed out the UK economy and made it woefully ill-prepared for wartime disruptions. As the financial speculators who funded its current-account deficits turn against the pound, policymakers should consider Keynesian taxes and increasing public investment. LONDON – A wartime economy is inherently a shortage economy: … Continue reading Too Poor for War

Gorbachev’s Tragic Legacy

Oct 19, 2022ROBERT SKIDELSKY Admired in the West but loathed by his countrymen as a harbinger of Russia’s post-Cold War misfortune, Mikhail Gorbachev fully grasped the immense challenges of reforming the ailing Soviet Union. Today’s Russia largely reflects the anti-Western grievances stemming from his failure. LONDON – Mikhail Gorbachev, the Soviet Union’s last leader, was buried last month … Continue reading Gorbachev’s Tragic Legacy

Mind the Policy Gaps

Aug 22, 2022 ROBERT SKIDELSKY The widening gaps in policy formation nowadays reflect the division of labor and increasing specialization that has taken us from the sixteenth-century ideal of the Renaissance man. And today’s biggest policymaking gap has grown so large that it threatens global catastrophe. LONDON – Just as the insistent demand for more … Continue reading Mind the Policy Gaps

The Guardian view on a four-day week: policies needed to make it a reality

After the first world war, workers wanted a peace dividend for their sacrifices. Within three years they got it. Almost every industrialised nation – with the exception of Japan – accepted the newly established International Labour Organization’s call to limit working hours to eight a day and 48 a week. While most developed countries enacted … Continue reading The Guardian view on a four-day week: policies needed to make it a reality