"The light that comes from wisdom never goes out"
The challenge with inflation is that it increases the cost of living. When uncontrolled, inflation can be very damaging. And if economics is primarily about human behaviour, then uncontrolled inflation …
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Social democracy means a bottom-up economy, with public spending directed at alleviating the burdens of the poor; public policy that drives greater social equality; and public investment in infrastructure that …
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For positive change in the era of Covid-19, a Commission of Inquiry that is throwing a fog over the future, and a terrifying new culture of crime, social democracy is …
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Politicians who ignore specific sections of the population to focus on channelling public resources to a select group are usually in for a rude awakening. Politics and economics are joined …
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Supply-side trickle-down economics has not taken the world to Eldorado. And if the Virgin Islands is to fulfil its potential as a hive of social and economic prosperity, then it …
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On a Facebook thread recently, there were very interesting assertions on Virgin Islands politics. First, there was a call to move away from two-party system which has been a feature …
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Rising drug, gun and gang crime threatens to destroy the Virgin Islands community. At the root of crime, whether here or elsewhere, is neither poor policing nor poor social leadership. …
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Only a strong social democracy, not a trickledown capitalist model, will deliver for the Virgin Islands. It was small business and the working man that kept the VI economy alive …
For the Virgin Islands and other British overseas territories, the weapons of diplomacy, tact and negotiation are better options in moving towards self-determination than banging an anticolonial drum. Indeed, tact …
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The most powerful institution on earth is the United States Federal Reserve. Here is why. Global financial stability from 2008 is owed to the power of central banks intervening at …
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The ability to change in a changing world is a great human asset — and a mark of resilience and intelligence. However, change gets harder as we grow older. Assumptions …
What was the common denominator for countries and territories that kept the pandemic to a minimum? Unlike in the United States, Brazil and the United Kingdom, draconian action and effective …
A second critical travel document — a vaccine passport — is looking inevitable. But issues are mounting on the why, what, where, how and when of such a passport. Will …
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An entitled minority must never again be allowed to control Virgin Islands governance, politics and society without full citizen and resident participation. Had full citizen participation been the governing culture …
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There will be no greater autonomy or independence in United Kingdom overseas territories until their residents trust local government. Recent crises in OT governance in the Turks and Caicos Islands …
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The biggest failure of the modern evangelical church — especially in the United States — is the failure to preach truth to power. Modern evangelicals have bought in to the …
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Massive global debt is a serious concern for banking and finance. One would have thought that after the banking crash of 2008, banks would have learned the bitter lessons of …
The 2008 financial crisis showed the Milton Friedman economic model of a laissez faire, production-oriented, trickledown, austere and financially driven economy to be a paper tiger. The idea that the …
Continue reading “COMMENTARY — Need seen for ‘big government’”
The 2008 financial crisis showed the Milton Friedman economic model of a laissez faire, production-oriented, trickledown, austere and financially driven economy to be a paper tiger. The idea that the …
Continue reading “COMMENTARY — Need seen for ‘big government’”
Today, people all over the world view the United States with alarm. Non-Americans are at a loss to explain the downward trajectory of the supposed most powerful country on earth. …
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Capitalism and individualism, with the stress on the market economy, will not be able to deal with the new world of climate change, environmental degradation, and rising power polarities that …
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The core culture that defines the United States is not its military, technological and economic power. Race and segregation are the defining factors in the US’s 250 years of history …
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With the onset of the worst pandemic in modern times in terms of global reach, the time has arrived for a new economics: a new model of economy driven by …
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This writer, to the consternation of his army of critics, never believed Brexit was a good idea. He understood that in a world where regions were integrating and where the …
The evidence from Asia suggests that voters want their governments to suppress the Covid-19 pandemic over and above fixing broken economies. And the latest indicators are that the west is …
Continue reading “COMMENTARY — Covid response strategies compared”