Recent Posts

A unanimous vote for soft power

In a sharp and welcome rebuke to President Donald Trump’s approach to foreign policy, a Senate committee voted last week in favor of more diplomacy. Support was unanimous. The Senate Appropriations Committee approved $51.2 billion for the State Department, the US Agency for International Development and other overseas assistance — more than a third greater than the $37.6 billion the ...

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Lessons from India’s cash experiment

Almost a year on, India’s ban on large-denomination bills has been deemed a “total failure.” That’s not quite fair. True, the primary goal of flushing out tax cheats has been a flop. But a secondary goal — “to move toward the cashless society,” as India’s finance minister put it — still has real promise. The rest of the world, in ...

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India’s burgeoning youth are the world’s future

If you’ve ever been to India, it’s likely that you’ve been startled by how young the country looks; the streets of any Indian town, even of its villages, are full of 20-somethings. This isn’t a surprise: India is a very young country. Half of its population is under the age of 25. Two-thirds are less than 35. As a recent ...

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