Recent Posts

Indonesia: Big bang reforms or small pop?

Indonesia’s move to open the doors wider to foreign investment could help spark growth in Southeast Asia’s largest economy. But with significant restrictions remaining in place for a range of sectors, the effect may be more of a pop rather than a “big bang,” analysts say. Announcing the changes on Thursday as part of the Jokowi administration’s 10th economic stimulus ...

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This is how USA roared back after panic of 1893

The financial crisis of 2008 was the worst in three-quarters of a century, but thanks to timely interventions from Washington, the US avoided an economic crisis on the scale of the Great Depression. That’s the standard line, and I think it’s mostly right (although the story’s different in Europe). But what about the Panic of 1893? How has the US ...

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The Trump show and the Republican debate

There were two Republican debates on Saturday night, just as there are two Republican nomination battles right now. One of them is the reality TV show, starring Donald Trump. That one is amazingly entertaining, although it has less to do with how to govern the nation than “The Bachelor” has to do with real love and romance. Trump lies: No ...

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