Doing Well by Doing Good
Written by Newdawn
WASHINGTON, DC – Two years ago, Tesla CEO Elon Musk decided to open access to his company’s patents to anyone – a move that ran completely counter to traditional competitive behavior. Why would a company give away its hard-earned designs and technology to its rivals?
Jumpstarting Europe’s Economy
Written by Eric Labaye and Laura Tyson
PARIS – Not so long ago, the notion of the European Central Bank handing out money to governments or directly to citizens – so-called “helicopter money” drops – would have seemed outlandish. But today a surprising number of mainstream economists and centrist politicians are endorsing the idea of monetary financing of stimulus measures in different forms.
Toward a More Reflective Planet
Written by David Keith and Gernot Wagner
CAMBRIDGE – The last time the atmosphere held as much carbon dioxide as it does today was about three million years ago – a time when sea levels were 10-30 meters higher than they are now. Climate models have long struggled to duplicate those large fluctuations in sea levels – until now. Indeed, for the first time, a high-quality model of Antarctic ice and climate has been able to simulate these large swings. That is smart science, but it brings devastating news.
Brexit’s Impact on the World Economy
Written by Anatole Kaletsky
LONDON – The febrile behavior of financial markets ahead of the United Kingdom’s referendum on June 23 on whether to remain in the European Union shows that the outcome will influence economic and political conditions around the world far more profoundly than Britain’s roughly 2.4% share of global GDP might suggest. There are three reasons for this outsize impact.
The World’s Ins and Outs
Written by Lucy P. Marcus
LONDON – As the United Kingdom’s debate about whether to withdraw from the European Union has heated up, “in” and “out” have come to define the stark choice facing voters in next week’s “Brexit” referendum. The British are not alone: the world is increasingly divided between the mentalities underpinning support for the “Leave” and “Remain” campaigns.