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America’s dangerous amnesia about world order

  In an unsettled time, with an unsettling president, many Americans are unsure of their conception of the world and their country’s role in it. What should the United States be doing – if anything – to shape the global order? To answer this question, we need to better understand ourselves and our history. Americans regularly make three curious – ...

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Infosys generosity falls short of what investors need

  Two takeaways from Infosys Ltd’s earnings announcement on Thursday are worthy of note. First, slower growth is here to stay. And second, Infosys has buckets of cash it needs to get rid of. After average annual revenue growth of 17.6% over the past decade, the Indian outsourcing leader grew its top line just 9.7% last year in rupee terms, ...

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Make financial reform about simplicity

  President Donald Trump’s top economic adviser — former Goldman Sachs executive Gary Cohn — has come out in favor of a radical reform: restoring the Depression-era Glass-Steagall Act, which for much of the 20th century separated bread-and-butter commercial banking from high-octane investment banking. The thinking behind this proposal is appealing. The basic idea is to narrow the scope of ...

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