With the collapse of communism and the crumbling of the Soviet Bloc in 1991 the triumph of liberal capitalism seemed complete. The liberalization of countries of the former Soviet Bloc, and of economies worldwide saw an explosion of trade coinciding with a period of profound economic growth from the late 1980s to mid-2000s. Capitalism seemed […]Read more "Economic Democracy in the Startup Age"
You pull out your phone and swipe right to order a ride. Moments later, a sleek black car pulls up to the curb, and you take your seat. You’re greeted by a lush interior—and no driver. As you cruise to work, you pass a truck carrying all sorts of cargo. The truck has no cockpit; […]Read more "Imagining a Post-Work World"
In Antifragile, author Nassim Nicholas Taleb makes the argument that when we try to remove disorder from a system and render it predictable we in fact set this system on a course to major shocks and even destruction. This is precisely what has happened to the world economy since the financial crisis. Government responses to […]Read more "Recession 2016: The Debt Anchor"
The harsh deserts surrounding Diriyah in central Saudi Arabia played host to a meeting that would shape the destiny of the Arabian Peninsula for centuries to come. Here in Diriyah, in the 18th century, the House of Saud forged an alliance with Muslim preacher Ibn Abdel-Wahhab and went on to conquer much of the Arabian […]Read more "Desperate in Diriyah"
On December 26th 1991 the Soviet Union was dissolved with 12 states emerging out of the wreckage of this former superpower. What followed was over 2 decades of unparalleled economic, political and moral dominance by the United States – the lone surviving superpower. The United States had (and continues to have) the world’s largest economy, […]Read more "The Economics of a Multipolar World"