The Asian Infrastructure Investment Bank (AIIB), launched on October 24, 2014, is the latest item on China’s Silk Road agenda that reflects the country’s increasing willingness to establish financial instruments for itself and by itself.
Read More
With recovery from the global recession proceeding slowly and youth unemployment at almost 15 percent, it is tempting to question the actual value of our liberal arts degrees. We reached out to the Columbia community to find out their views on education and the economy, asking student groups, professors, and administrators the following question: What role should Columbia play in preparing students to face this economy?
Read More
The minimum wage is a tricky subject. As with so many debates involving economics, seemingly-sound, yet antithetical, arguments abound, at times making it nearly impossible to distinguish between right or wrong, good or bad.
Read MoreImagine a world in which up to one half of a country’s gross domestic product (GDP) was not taxed. Imagine capitalist investors and heads of companies escaping the long-handed reach of state coffers, thereby avoiding their due contribution of hundreds of millions of dollars to the very citizenry that helped create their wealth to begin with.
Read More