Economic Paradigms

Five years after the advent of the crisis, it's time to shed outdated economic paradigms. Four international experts explain the ideas we have to leave behind - and outline what comes next for the global economy.

What Dreams May Come...

While the West engages in serious navel-gazing, the rest of the world is moving ahead. Don't judge the state of the world economy by Western GDP growth.

Know Your Limits...

Economics isn’t rocket science; it’s a lot harder. We should be wary of governments trying to solve the crisis with sweeping policy proposals.

The New Invisible Hand...

The invisible hand does not exist - at least in its modern incarnation. A return to the original texts of Adam Smith and a look at the theory of evolution can help us craft a better metaphor for how markets actually function. Cooperation is as important as competition.

The Return of Politics...

Market integration in Europe far outstripped political integration. We're now reaping the consequences of that imbalance. Instead of giving up on the nation-state, we must turn it into a legitimate political force for the 21st century.


Most People Are Rationally Ignorant

What decisions would we make if we deliberated carefully about public policy? Alexander Görlach sat down with Stanford's James Fishkin to discuss deliberative democracy, parliamentary discontent, and the future of the two-party system.

A Violent Tea Party?

For many Europeans the massacre in Arizona is another evidence that political violence is spreading in the United States but this unfortunate event was the deed of a mentally ill person, not a political activist. There is no evidence of an increasing political extremism tearing America apart. Using

Passage to India

The US and Russia don't agree on much - but they are both keen to develop a good relationship with India. How do we know? Look at the arms trade.

"Cities are making us more human"

More than 50 percent of the world's population now live in cities – and there is no end of urbanization in sight. Harvard economist Edward Glaeser believes urbanization to be a solution to many unanswered problems: pollution, depression and a lack of creativity. He spoke with Lars Mensel about the

No Glove, No Love

Contrary to the mantras repeated by the press, HIV infections are not increasing. We need to move away from activist scare tactics and towards complex risk management strategies.

Perfection Is Not A Useful Concept

Nick Bostrom directs the Future of Humanity Institute at Oxford University. He talked with Martin Eiermann about existential risks, genetic enhancements and the importance of ethical discourses about technological progress.

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