NEW YORK - Oggigiorno gli esperti d'innovazione tecnologica e gli amministratori delegati paiono assolutamente inebriati dalle prospettive future. Le nuove tecnologie manifatturiere hanno generato un livello febbrile d'entusiasmo per quella che alcuni vedono come la Terza Rivoluzione Industriale. Negli anni a venire i progressi tecnologici nella robotica e nell'automazione daranno...

NEW YORK -- Technology innovators and CEOs seem positively giddy nowadays about what the future will bring. New manufacturing technologies have generated feverish excitement about what some see as a Third Industrial Revolution. In the years ahead, technological improvements in robotics and automation will boost productivity and efficiency, implying significant...

La economía global es como un avión que necesita operativos todos sus motores para despegar y esquivar las nubes y las tormentas. Por desgracia, sólo uno de los motores funciona bien: la anglosfera (Estados Unidos y su primo hermano, Reino Unido).

El segundo motor, la eurozona, ha vuelto a...

세계 경제는 비행기와 같다. 모든 엔진이 작동해야 이륙이 가능하고 구름과 폭풍을 헤쳐 나갈 수 있다. 문제는 지금 엔진 네 개 중에 한 개만 제대로 작동하고 있다는 것이다. 앵글로스피어(미국과 사촌 나라 영국)만 말이다.

두 번째 엔진인 유럽은 2008년 후, 무기력하게 재출발을 시도하다 현재는 거의 멈췄다. 사실 큰 사건 하나만 터져도 유럽은...

TOKYO -- The global economy is like a jetliner that needs all of its engines operational to take off and steer clear of clouds and storms. Unfortunately, only one of its four engines is functioning properly: the Anglosphere (the United States and its close cousin, the United Kingdom).

The second...

This post originally appeared at Project Syndicate.

NEW YORK -- After a summer of Europeans forgetting their woes and tanning themselves at the beach, the time for a reality check has come. For the fundamental problems of the eurozone remain unresolved.

First, a trillion-dollar bailout package in May...

The US and advanced economies' financial system is now headed towards a near-term systemic financial meltdown as day after day stock markets are in free fall, money markets have shut down while their spreads are skyrocketing, and credit spreads are surging through the roof. There is now the beginning of...