However, voters don’t like to see big changes in population demographics and rebel against parties that support or even tolerate high levels of immigration. That partly explains Trump’s success in 2016 (and maybe this year as well), and also played a significant role in both yesterday’s B...
However, voters don’t like to see big changes in population demographics and rebel against parties that support or even tolerate high levels of immigration. That partly explains Trump’s success in 2016 (and maybe this year as well), and also played a significant role in both yesterday’s B...
Colleges and universities in the US are also expensive and unnecessarily inflated because of the structure of the student loans system, which also generates perverse incentives. But this point has been explained and described to exhaustion in the economic literature. This also has to change. However...
There has been a growing thrust in both Moscow and Beijing on strengthening economic relations. After the meeting between Xi and Putin a number of trade and energy related deals were signed. Russia’s Rosneft alsosigned a 10-year dealwith China’s state-owned CNPC to continue supplying 200,00...
The years of schooling at student or parent expense are an extended for-profit buck-breaking program. It’s a fractal ritual. If it feels like hazing, it’s because it’s hazing. The premise of American higher education is that students have to prove themselves over and over for a ...
About the Author:Joakim Bookis an economics graduate of the University of Glasgow, and is currently a graduate student at the University of Oxford. Image Credit:Graphic (cropped) in Featured image (top) byintographicsfromPixabay •••• ...
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Iwrote yesterdaythat I’m in China this week, teaching at Northeastern University in Shenyang. This gives me a good excuse to write a series of columns about Chinese economic policy. Our first entry was about demographics, which is a challenge in China (as well as inthe U.S.,Europe, and...
Lo and behold, our student would look at the European Central Bank data and say,“what the [expletive deleted], the ECB almost doubled its balance sheet in 2020 and 2021, so of course all that money creation led to rising prices.” But what if, instead of asking a competent student, ...
Second, given the disruptions in international travel, a number of students have revised plans with regard to pursuing higher education overseas. According to estimates, international student enrollment in the US coulddrop by 25%, which will have a significant impact on the economy (in Britain and...