Recent Posts

What if poor nations were paid to take in refugees?

Much of the commentary about Michael Kremer, named as one of three winners of the Nobel Memorial Prize in Economic Sciences, has justifiably celebrated his pioneering work in studying poverty — even now, many of us believe, the planet’s greatest moral challenge. But an important 2011 Kremer paper, overlooked in the celebration, helps to shed light on another great challenge ...

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Southeast Asia has a weight problem

Starting next year, Singapore will treat packaged sugary drinks such as Coca-Cola the way that other countries treat cigarettes. Advertisements will be banned, and a label attesting to a beverage’s unhealthiness will be mandatory. The goal is to reduce the high rate of sugar consumption and associated health problems — such as diabetes and heart disease — that are now ...

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Brexit: Singapore-on-Thames isn’t going to happen

British Conservatives, from the time of Margaret Thatcher, have long admired Singapore’s economic success. Low tax rates, minimal regulation and hyper-modern infrastructure are a magnet for foreign direct investment and keep government coffers overflowing. Could that be Britain after Brexit? The idea titillates Tories and terrifies European Union leaders. But such fears say more about the EU’s own vulnerabilities than ...

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