Will a Struggling Global Economy Survive the Coronavirus?

February 25, 2020

On February 24, the World Health Organization declared that the world should prepare for a possible coronavirus pandemic. Outbreaks in South Korea, Iran and Italy have caused alarm. Clearly, the virus has traveled widely and rapidly. Authorities have canceled concerts, carnivals and football...

Perhaps “Slowbalization” Is Exactly What the World Needs

August 16, 2019

A group of Italians started the Slow Food movement back in the 1980s. Stay away from fast-food restaurants, they urged: Eat local, focus on traditional recipes, relax and enjoy your meal.  The Slow Food movement began as a protest against McDonald’s, which opened a new franchise near...

The Dilemmas of China’s Economic Rise

October 09, 2018

The question remains whether China will adjust to the status quo of the global economy and abide by the laws — or not. China’s economic growth over the last 30 years has astounded the world. Since 1978, under the tenure of Deng Xiaoping, China has embarked on a process of transformation that...

Big Surprise: Rich Globalists Love Trump

February 02, 2018

Trump the calm globalist is just as dangerous, if not more so, than Trump the raging populist. As a candidate, Donald Trump enjoyed pillorying the globalists. “We will no longer surrender this country, or its people, to the false song of globalism,” he said in his first major speech on...

The World This Week: Are Soaring Stock Markets Good for Global Economy?

January 08, 2017

An economic model where share prices of McDonald’s soar and mom-and-pop restaurants close may be efficient and convenient, but might not be equitable or soulful. This week, The Economist reported that stock markets had a good 2016. During the year, the S&P 500 rose by 11.1% and the Dow...

The World This Week: Dirty Oil Drives the Global Economy

December 04, 2016

House prices and oil prices rose this week, raising prospects of short-term economic growth while amplifying possibilities of long-term damage to the planet. This week, house prices in the United States hit a record. Believe it or not, the average home price for September is 0.1% above the...