Africa: The Answer to Global Food Security

Africa may hold the answer to the challenge of feeding the planet, and the collapse in oil prices creates a new opportunity to invest in African agribusiness

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The Real European Question: Greece, the Euro, and a More Perfect Union

The real question in the Greek debt crisis is not whether Greece will leave the Euro but whether, and how, the European Union can survive

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The Entrepreneurial State, or, You Didn’t Build That

President Obama received a lot of outraged criticism from the right during the 2012 campaign for his remark, “You didn’t build that.” What he meant, though he uncharacteristically said it in a fairly clumsy way, was that for every proudly self-made entrepreneur there is a huge web of supporting institutions and infrastructure built by the government.

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Trade Agreements and Cultural Exceptions: A Plea for Tolerance

Outgoing WTO Director-General Pascal Lamy has recently criticized EU-US and transpacific trade talks, which have the potential to create the world’s two largest free trade areas and measurably increase prosperity and growth for hundreds of millions, if not billions, of people. He has a point. Several, actually.

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Obama’s Great Sequester Plan

Jeffrey Sachs, writing in yesterday’s Financial Times, has neatly identified the culprit in the U.S. fiscal sequester, which went into effect at noon today. It is not the Tea Party, nor even the House Republican leadership, but Obama himself, counterintuitive as that may appear.

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Like a Ton of BRICS: Let’s Drop the Catchy Emerging Markets Acronymns

Eurasia Group founder and emerging markets guru Ian Bremmer has come around to the view that the BRICS construct is nothing more than a bunch of countries “united by a catchy acronym” and little else.

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Who Would Adam Smith Vote For?

With the debates over, the presidential candidates on their last, gasping try to grasp those elusive Electoral College votes in Iowa, Colorado, Nevada, Virginia, Wisconsin, New Hampshire, or Ohio needed to put them over the top, and the polls to open in less than 48 hours, it is a bit late to be offering strategic advice to Barack Obama – advice that by all indications he would have ignored – but he could have done much worse than to cloak himself in Adam Smith’s mantle. Yes, the same Adam Smith whose profile adorns the neckties of more than a few Wall Street bankers and right wing think-tankers.

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Romney, Ryan, Foreign Aid and Diplomacy

In these dark days of an ever-widening political divide, it is nice to know there is still something on which Republicans and Democrats can agree: foreign aid. Both sides are against it.

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