New Edition of the Book Globalization: Opportunities and Implications Now Available

Last year we released the first edition of our book Globalization: Opportunities and Implications as a resource to college students and professors. This year we thoroughly revised and expanded the second edition, included sixteen additional countries—for a grand total of 75 nations covered in our in-depth country analysis—along with updated statistics. Globalization takes students by the hand to […]

Czech Republic, Poland, and Hungary

Viktor Orban, Hungary, and the World

Last weekend’s victory of Viktor Orban’s Fidesz (Fiatal Demokraták Szövetsége- Alliance of Young Democrats) party in Hungary’s elections casts a long and ominous shadow on European, and even in the world’s, liberal democratic tradition and practice. Orban won his re-election at the polls for a second four-year term as Prime Minister. He had already been […]

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Will the Rising Dragon of the East Dominate the West Too?

TweetChina is no doubt on a stampede to over come the west, perhaps the world. It’s economy will, by some studies, surpass the United State’s in 10 years. It will become the largest on earth, volume wise, surpassing the US. According to recent statistics, the US $16.24 trillion dollar economy is currently only about one third […]

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Global education

The Globalization of Education

Globalization has had an uneven development in different areas of human knowledge. In some fields, globalization has advanced more thoroughly; like in commerce and trade,technology, sports, and art. Even in the education field, … [Read More...]

london-2012

Globalization and The Olympics (Part I)

Every four years, during two weeks and a half, the entire world –figuratively speaking– takes a breather to see and learn about high-performance athletes competing with the best-of-the best, in search of  new olympic –and world– records … [Read More...]

Outsourcing

Outsourcing: Opportunities, Myths and Realities

Outsourcing is a very widespread practice, with unknown boundaries.  In that respect, the US is a leading nation, as in many other areas. A constructive and realistic way to visualize jobs displacement by outsourcing is as an opportunity … [Read More...]

Are Bubbles A Product of Economic Cycles?

All economic cycles, particularly the long-term -- say more than 5 years -- have a great propensity to generate bubbles in one or several kinds of assets, depending on the variety of circumstances. However, price bubbles will never be very … [Read More...]

positive effects on globalization

Joseph Schumpeter and Creative Destruction

The original concept of creative destruction was introduced by the German economist and sociologist Werner Sombart (1863–1941) and developed and popularized by the brilliant Austrian-American economist Joseph Schumpeter (1883–1950) in his … [Read More...]

New Edition of the Book Globalization: Opportunities and Implications Now Available

Last year we released the first edition of our book Globalization: Opportunities and Implications as a resource to college students and professors. This year we thoroughly revised and expanded the second edition, included sixteen additional countries—for a grand total of 75 nations covered … [Read More...]

Czech Republic, Poland, and Hungary

Viktor Orban, Hungary, and the World

Last weekend’s victory of Viktor Orban’s Fidesz (Fiatal Demokraták Szövetsége- Alliance of Young Democrats) party in Hungary’s elections casts a long and ominous shadow on European, and even in the world’s, liberal democratic tradition and practice. Orban won his re-election at the polls … [Read More...]

Sir John Cowperthwaite

Sir John James Cowperthwaite and Hong Kong’s Domino Effect

The world is indebted to some remarkable human beings that, from time to time, have made such momentous contributions that have virtuously impacted the entire world, changing the way it interacts. Such is the case of Sir John Cowperthwaite (1915–2006). The Scottish born economist and … [Read More...]

Evolution

Mankind’s Biggest Historical Blunders

Since the beginning of the human race, up until relatively recent decades physical strength —and/or military power— was a constant, and quite frequently, was the most determinant factor to rule any type of social organization, from the family to an entire empire. That’s a very sad and … [Read More...]

economic theory

Beautiful Deleveraging and the Robinson Crusoe Economy

There has been quite a bit of distress in some political, financial and business circles, regarding the unconventional measures taken by the Fed and some other central banks, most notably the ECB, to add liquidity to the system on a massive scale and to prop up the bond market. The era of … [Read More...]

Russia vs US and EU

Putin, Russia, Ukraine, and the Globalized World

When ordering the Russian Army to take control of key points of Ukraine’s Crimean Peninsula on the first weekend of March, it is highly unlikely that Vladimir Putin had appropriately contemplated the full financial and economic implications of such a decision. Unsurprisingly, on Monday … [Read More...]