Today I find myself preparing to board plane to resume my final undergraduate year at the University of Warwick in Britain. But what sort of country am I coming back to? Has Britain’s government managed to turn around the country’s economic situation, buoyed by the Olympics, or does Britain remain stuck in the doldrums? That is today’s topic.
Tag: Debt
Trouble in China
There’s a lot of fear in the United States and elsewhere with regard to a rising China. Many people are worried about the amount of government debt China possesses, or how so many jobs in industry and manufacturing have moved over there. Increasingly, China and the United States are being compared to one another as if their power outlay were more or less equal–in Pakistan for instance, the numbers are more or less even on the question. However, there are several key reasons why Sinophobia is exaggerated and unnecessary, and they comprise today’s topic.
Paul Ryan’s Convention Speech Analysed
Paul Ryan’s convention speech went over pretty well on the right in the United States. Jim Geraghty of the National Review had this to say about it:
This speech, and his warmth and sense of connection when delivering it, almost unnerved me. I started worrying that I was seeing what I wanted to see, that I was hyping a pretty good speech delivered pretty well in my own mind. Except my Twitter feed was exploding. The delegates were going nuts. And it just seemed to be getting better and better as it went on. Conversational, direct, funny, detailed . . . this was Reaganesque, guys. I was a kid when Reagan was president, so I got lulled into a false sense of what American presidents were — I thought they were all that good. This felt like that.
You can read his full post here. Perhaps this was indeed the case for Mr. Geraghty. I myself was struck by the sheer number of untrue, openly fallacious claims in it, and today I would like to highlight them.
The Demise of the Scientific Breakthrough?
Yesterday, I ran across a new paper from economist Robert Gordon that suggests that long-term innovation and technological development may be slowing, at least in the case of breakthrough technologies. I found Gordon’s paper interesting, and would like to use today’s post to discuss it and its possible future implications.
Continue reading “The Demise of the Scientific Breakthrough?”
Stimulus vs. Austerity: UK
Today I’d like to take a mental trip back across the pond and examine the current double dip recession in the United Kingdom, investigating the role it plays as a case study in the policy debate between advocates of stimulus (state spending increases) and advocates of austerity (state spending decreases).
Benjamin Studebaker 