Middle-east Arab News Opinion | Asharq Al-awsat

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A Nobel for Humility in Economics

by Noah Smith | Oct 11, 2017 | Opinion

As you are by now all probably aware, Richard Thaler won this year’s Nobel Memorial Prize in Economic Sciences. All question of whether this is a “real” Nobel can now be laid to rest, since the announcement was made via the Nobel Prize’s official verified Twitter...

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A Japanese flag flies atop the Bank of Japan building in Tokyo (Reuters)

Japan Concerned over Low Inflation

by Noah Smith | Aug 15, 2017 | Opinion

Japan is the graveyard of economic theories. The country has had ultralow interest rates and run huge government deficits for decades, with no sign of the inflation that many economists assume would be the natural result. Now, after years of trying almost every trick...

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They’re Americans too. Photographer: Jill Brady/Portland Press Herald/Getty Images

Middle Eastern Immigrants Make the US Stronger

by Noah Smith | Jul 31, 2017 | Opinion

A little more than one week ago, Stanford University mathematician Maryam Mirzakhani died at the age of 40 after a battle with breast cancer. In that short lifetime, she accomplished more than most of us ever will. Mirzakhani was one of the world’s greatest...

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A Lebanese banker counts US dollars at BLOM Bank’s head office in Beirut October 22, 2008. REUTERS/Jamal Saidi

Be Clear-Eyed About Democracy’s Weaknesses

by Noah Smith | Jul 24, 2017 | Opinion

In her new book, “Democracy in Chains: The Deep History of the Radical Right’s Stealth Plan for America,” Nancy MacLean writes that my Bloomberg View colleague Tyler Cowen, by questioning American political institutions, was creating “a handbook…for how to...

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Too close for comfort. Photographer: Tim Graham/Getty Images

The US Special Relationship With Britain Needs a Rest

by Noah Smith | Jul 23, 2017 | Opinion

Many Americans still regard Britain as the US’s political and cultural parent. Despite the Revolutionary War and the War of 1812, the US and the UK eventually developed a special relationship that endured throughout the 20th century. Together, the two defeated...