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Category Archives: Globalisation and Development

Heiner Flassbeck on Trump’s Tariffs Trade War

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9. March 2018 I Countries and Regions, Economic Policy, Europe, Financial Markets, General Politics, Globalisation and Development, Labour Market and Distribution of Income

Heiner Flassbeck gave an interview to the Real News network yesterday. What is Trump up to now again? Understandably, many Americans (and others) are anxious about Trump raising tariffs on steel and aluminium. Flassbeck first relatives the impact of Trump’s measure and he goes on to propose a framework to make ’free’ trade work for everyone involved. …

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How Fair trade can accomplish economic, social and ecological goals

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7. March 2018 I Climate change, Countries and Regions, Ecology and Growth, Economic Policy, General, General Politics, Globalisation and Development, Labour Market and Distribution of Income

Introduction
As I am writing up this article, in the North of Greenland temperature is 17.78 degrees C above average. Last week, it was – 14 C in Oslo and + 4 C in Spitsbergen, which lies well within the Arctic circle (see here). …

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How inequality is evolving and why

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5. February 2018 I Countries and Regions, Economic Policy, General, General Politics, Globalisation and Development, Labour Market and Distribution of Income

Plutocrats govern nations
Currently, the three richest Americans – Bill Gates, Jeff Bezos and Warren Buffett – own as much wealth as the bottom half of the American population (ca. 160 million) (see here). 2017 was a good year for the world’s wealthiest: they became $1 trillion richer (see here). …

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What chess and artificial intelligence can tell us about economics, innovation and emissions

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28. December 2017 I Business Cycle Analysis, Climate change, Countries and Regions, Economic Theory, General, General Politics, Globalisation and Development

Introduction
Given the holiday season, I decided to strike a lighter note and write an article on chess, AI, innovation and progress. For a long time, chess had been the ultimate test for artificial intelligence. Turing wrote the first chess program in 1952. …

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