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Need to strengthen local capacity in Haiti

  2004: Tropical Storm Jeanne claims around 2,800 lives. 2010: Earthquake leaves more than 250,000 dead. 2016: Hurricane Matthew kills more than 800. Natural disasters have been visiting Haiti with alarming regularity (every six years). It has received massive foreign funding during these crises. But sadly, the foreign intervention has failed to build local capacity and assist masses in bringing ...

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China is invading Hollywood! Now you can relax

  Wang Jianlin, China’s richest man, has been on a Hollywood shopping spree. As chief executive of the Wanda Group, he’s acquired Legendary Entertainment, producer of “Jurassic Park,” and is in talks to pay $1 billion for Dick Clark Productions, producer of the Golden Globes and other live television events. An earlier purchase, AMC Entertainment, recently announced plans to buy ...

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Mr Market doesn’t care about your politics

It’s election season, and that means it’s time for partisans to pose as economists and strategists in order to explain how much the markets support their favorite candidate (see this or this or this). It is an exercise fraught with a fundamental misunderstanding of what drives markets at best — or intellectual dishonesty at worst. So let’s get this out ...

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