With all the hubbub about China as of late, I thought it might be worth reading Alexis De Tocqueville’s The Ancien Régime and the Revolution (Penguin: 2008). A number of China Hands say the Party has used this book to inform their approach to domestic stability and harmony.1 I have no idea whether these assertions …
Tag Archives: Inequality
QE & Inequality
Why Quantitative Easing increased inequality, and we knew it would ex ante
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The Reckoning
Unsustainable economic trends will lead to populist politics and demagogues (Jan 2014)
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Pope Francis’s Critique of Capitalism and the Quest for the Good Life
Last month, FT Alphaville’s Izabella Kaminska picked up a potent critique of free-market capitalism from Pope Francis’s first Apostolic Exhortation.1 I must confess, I’m not a regular reader of papal exhortations—indeed, papal pronouncements of any variety tend not to make my “to read” list2—but the snippets Kaminska selected gave me pause.
