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Justin Fox, Author at ASHARQ AL-AWSAT English Archive
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Dismantling the Dictatorship of the Highly Educated

Dismantling the Dictatorship of the Highly Educated

In the affluent nations of northwestern Europe, people with university educations have taken over politics. Cabinet ministers with fancy degrees are nothing new, but more and more parliamentary seats have been going to college graduates. In some countries, the highly...
The US Is the Sick Man of the Developed World

The US Is the Sick Man of the Developed World

What do the economists at the International Monetary Fund see when they look at the US? An economy in the midst of a long expansion (“its third longest expansion since 1850”), with “persistently strong” job growth, “subdued”...
Why European Experts are Under Attack?

Why European Experts are Under Attack?

Across the Western world, the elite and the experts are under attack. This is especially true of economic experts, whose credibility took a deserved beating during and after the global financial crisis. France is no exception to this tendency. In the first round of...
Getting Through the Long Post-Crisis Hangover

Getting Through the Long Post-Crisis Hangover

While the financial crisis raged around them in 2008, economists Carmen N. Reinhart and Kenneth S. Rogoff were hard at work assembling historical tables and charts. In 2009 they published page after page after page of them in the wonky book “This Time Is Different:...