Tag: economy

Qatar, A Breach in the Blockade

When Saudi Arabia launched a diplomatic crusade against Qatar last June, it was widely speculated that the crisis would reach a swift resolution, as was the case with a similar situation three years prior. However, 2014 saw a quieter conflict in which the diplomatic impasse was relieved after a series of clandestine agreements were struck. The…

The case for a citizenship income (and its caveats)

If a government wants to eradicate poverty, it has to first provide its own definition of poverty – that is, what is deemed to be the minimum amount of income a person needs to be able to live in that country – and then it has to transfer to each citizen that minimum amount of…

From the Great Wall of China to a Great Economic Power

Exactly 40 years ago, in 1978, Deng Xiaoping took China by the reins and led it on a path of mass economic reform; dismantling the agriculture sector and encouraging foreign investment which revived an advanced economic system that had been stagnating and declining for nearly five centuries. Of course, such a rapid growth was in-part…