Tag: economic model
The Real Problem With American Universities
Updated at 7:33 p.m. ET on January 30, 2024
Just about everyone in America seems to be angry at higher education. Congress is angry. State governments are angry. Donors are angry. Parents are angry because schools are so expensive, and students are angry because they aren’t getting what they paid for. Just 36 percent of Americans now tell pollsters that they have significant confidence in higher education, down from 57 percent less than a decade ago.
Elite schools in particular
How the Recession Doomers Got the U.S. Economy So Wrong
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In 2022, it was a matter of conventional and nearly universal wisdom that the 2023 economy would be a nightmare.
Last October, a Bloomberg economic model said that the odds of a U.S. recession this year were 100 percent. No, not 99.99 percent, as in the odds that you’ll avoid
Can India Be America’s Ally Against China?
The front lines of the widening confrontation between the United States and China stretch from the halls of the United Nations to the island nations of the South Pacific. Yet, as in any great geopolitical game, certain countries carry more significance than others for American interests—foremost among them India.
As Asia’s other emerging power, India could act as a crucial counterweight to Chinese influence, both in the region and outside it. That’s why Washington has been courting New Delhi
What Brexit Promised, and Boris Johnson Failed to Deliver
Britain today is a poor and divided country. Parts of London and the southeast of England might be among the wealthiest places on the planet, but swaths of northern England, Wales, Scotland, and Northern Ireland are among Western Europe’s poorest. Barely a decade ago, the average Brit was as wealthy as the average German. Now they are about 15 percent poorer—and 30 percent worse off than the typical American.
The great project of Boris Johnson’s government is to “unite
The Simplest Way to Sell More Electric Cars in America
Updated at 5:20 p.m. ET on January 21, 2022
The Rivian R1T, the $75,000 debut pickup from America’s new electric-truck maker, is unlike any vehicle I have ever driven.
It is, first, really big: 18 feet long and six feet tall, it weighs three and a half tons, heavier than a white rhinoceros or a tricked-out Ford F-150. But this girth is belied by everything else about it. The R1T has an aesthetic unity missing from every mass-market automobile on