Category: markets

Market democracies’ ‘Faustian bargain’ being questioned

     

The United States ranks 15 in the Human Freedom Index 2019 released today by the Cato Institute, Canada’s Fraser Institute, and the Liberales Institut at Germany’s Friedrich Naumann Foundation for Freedom…. Read more »

China’s corrosive capitalism conflicts with West’s liberal meritocratic model

     

China’s economic success undermines the West’s claim that there is a necessary link between capitalism and liberal democracy, argues Branko Milanovic, a Senior Scholar at the Stone Center on Socio-Economic Inequality… Read more »

Can new social compact resolve tension between democratic recession and resilience?

     

The collapse of communism in Europe 30 years ago ended a broader social-democratic compact. Does the failure to refashion that compact explain varying degrees of democratic recession and resilience? NATO… Read more »

Poverty & Freedom: Inequality feeding democracy’s susceptibilities to degeneration?

     

Enhancing global prosperity must begin with supporting locally-led initiatives that eliminate institutional barriers to freedom—and give citizens greater choice over their future, according to a new book. Governments and philanthropists… Read more »