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Begin New Search Content Type Journal Article Publication Year within 5 Years

1431. Effects of Immigration on Entrepreneurship and Innovation

Author:
Robert Krol
Publication Date:
10-2021
Content Type:
Journal Article
Journal:
The Cato Journal
Institution:
The Cato Institute
Abstract:
Economic growth in advanced economies is driven primarily by innovations that improve productivity. Entrepreneurs and researchers, who are motivated by economic incentives, generate new ideas that result in either new or expanded businesses. The resulting expansion of businesses generates new and better products and services. Entrepreneurs also change the way production is organized because they improve efficiency that lowers prices for consumers. Such actions produce economic growth, which manifests itself by increasing product variety, jobs, and wages. As a result, economic well‐​being increases (Alcigit and Kerr 2018; Jones 1995, 2016; McCloskey 2016; Romer 1990).
Topic:
Immigration, Entrepreneurship, Economic Growth, and Innovation
Political Geography:
Global Focus

1432. The GameStop Episode: What Happened and What Does It Mean?

Author:
Allan M. Malz
Publication Date:
10-2021
Content Type:
Journal Article
Journal:
The Cato Journal
Institution:
The Cato Institute
Abstract:
The GameStop stock trading episode that began in January 2021 has been unprecedented in some ways, especially in the ability of market participants to organize collective action openly yet anonymously. In other ways, it’s been an unsurprising repetition of past experience. Financial markets are imperfect, they display many frictions, and the imperfect alignment of interests is a perpetual dilemma in designing both contracts and public policy.
Topic:
Regulation, Economy, Public Policy, and Stock Markets
Political Geography:
United States of America

1433. GameStop and the Rise of Retail Trading

Author:
Jennifer J. Schulp
Publication Date:
10-2021
Content Type:
Journal Article
Journal:
The Cato Journal
Institution:
The Cato Institute
Abstract:
In January 2021, a curious event in the stock market caught the attention of the media, regulators, and the public. A well‐​known struggling company dominated the headlines, not for its business model, but for the meteoric rise of its stock price. GameStop Corp. started the year trading around $19.00 a share, a pretty robust share price for a company that had been trading below $5.00 as recently as August 2020. Yet, by the end of January, GameStop’s shares were trading at over $300, at one point hitting a high of $483. GameStop’s stock price has receded from those meteoric highs, but, as of late May, it continues to trade between $160 and $180 a share.
Topic:
Markets, Economy, Investment, Stock Markets, and Equity
Political Geography:
Global Focus

1434. The Impact of Public Debt on Economic Growth

Author:
Jack Salmon
Publication Date:
10-2021
Content Type:
Journal Article
Journal:
The Cato Journal
Institution:
The Cato Institute
Abstract:
Following the 2007–2008 global financial crisis (GFC) and subsequent sovereign debt crisis in Europe, there has been a renewed interest in exploring the relationship between government debt and economic growth. One of the cornerstone studies on the subject that triggered an emergence of new literature was Carmen Reinhart and Kenneth Rogoff’s “Growth in a Time of Debt” (2010), which became widely cited and influential among commentators, academics, and policymakers in the debate surrounding austerity and fiscal policy in debt‐​burdened economies. Much of the research that followed the GFC uses panel data analysis of the debt‐​growth nexus using datasets from the World Bank, International Monetary Fund (IMF), European Commission, and Organisation for Economic Co‐​operation and Development (OECD).
Topic:
Economy, Economic Growth, Survey, and Public Debt
Political Geography:
Global Focus

1435. U.S. Debt Sustainability under Low Interest Rates and after the Covid‐​19 Shock

Author:
William R Cline
Publication Date:
10-2021
Content Type:
Journal Article
Journal:
The Cato Journal
Institution:
The Cato Institute
Abstract:
The worst pandemic in 100 years has hit the United States at a time when economic thinking has become more comfortable with high public debt, facilitating an aggressive response in public spending for relief that has reached a remarkable 27 percent of GDP.1 One reason for the receptiveness to large spending has been the perception that the fiscal stimulus in the Great Recession of 2007–2009 erred on the side of excessive caution and left an aftermath of unduly slow growth. More fundamentally, low real interest rates in recent years have shifted the center of gravity in macroeconomic analysis away from concern about chronic deficits and rising debt toward a certain benign neglect of debt as a problem.
Topic:
Debt, Interest Rates, Sustainability, and COVID-19
Political Geography:
North America and United States of America

1436. Taliban News: Fair and Balanced?

Author:
Janet Steele
Publication Date:
12-2021
Content Type:
Journal Article
Journal:
Turkish Policy Quarterly (TPQ)
Institution:
Turkish Policy Quarterly (TPQ)
Abstract:
At the Taliban’s first press conference on 17 August 2021, spokesperson Zabihullah Mujahid startled the world by calling for “balanced and fair reporting,” claiming that the Taliban would support free and independent media as long as journalists worked according to Islamic rules and Sharia. In this essay, I argue that Western policymakers should take the Taliban spokesperson’s words very seriously, as his frame of reference is a set of powerful Islamic concepts that are likely to resonate with Muslim listeners throughout the world. It is important both to understand his words within the context of Islam, and to search for common ground in holding the Taliban accountable for what it has pledged.
Topic:
Governance, Taliban, News Analysis, and Accountability
Political Geography:
Afghanistan and Middle East

1437. More Ethical Political Communication in the 21st Century

Author:
Benjamin Voth
Publication Date:
12-2021
Content Type:
Journal Article
Journal:
Turkish Policy Quarterly (TPQ)
Institution:
Turkish Policy Quarterly (TPQ)
Abstract:
Ethics as a matter of political communication vexes the human experiment in politics since its inception. A proper and grounded sense of ethics in political communication is a necessary ongoing consideration in all expert analysis of political communication in order to avoid important excesses of politics ranging from injustice to genocide. The key antidote to achieving ethical rather than unethical conduct in political communication is a careful praxis of discursive complexity. As the 21st century intensifies its attachments to vehicles of communication rooted in artificial intelligence, we as expert practitioners must intensify our pedagogy and research toward the encouragement of human dissent. The potential mismanagement of public opinion could through technological savvy unleash nightmares comparable or suprassing the Third Reich in the 1940s.
Topic:
Politics, Science and Technology, Communications, Ethics, and Artificial Intelligence
Political Geography:
Global Focus

1438. What Do Social Media Activity and Social Networks Mean for Politics

Author:
James Andrew Lewis
Publication Date:
12-2021
Content Type:
Journal Article
Journal:
Turkish Policy Quarterly (TPQ)
Institution:
Turkish Policy Quarterly (TPQ)
Abstract:
Social media reshapes politics and national narratives in ways that make it more difficult to govern, if by govern we mean collective actions to preserve stability and order through voluntary adhesion to laws and norms, and when necessary, through coercion deemed legitimate by the institutions of the state. Social media’s impact on narrative and legitimacy is what’s most pronounced and, in many cases, what’s most damaging to the ability of governments to govern.
Topic:
Politics, Social Media, Legitimacy, and Social Networks
Political Geography:
Global Focus

1439. Role of Social media in Amplifying Neo-Liberal Cancel Culture

Author:
Greg Simons
Publication Date:
12-2021
Content Type:
Journal Article
Journal:
Turkish Policy Quarterly (TPQ)
Institution:
Turkish Policy Quarterly (TPQ)
Abstract:
Cancel culture and wokeism are dangerous trends that are increasing in their intensity and the self-destruction of Western civilization is a matter of time as the underlying historical myths and value/normative philosophies that led to its global hegemony is destroyed by a messianic ideology that is engineering an exclusive homogenous worldview in the name of pluralism and inclusivity. In this world of Orwellian doublespeak, the current struggle for ideological hegemony is taking place in the information space for hearts and minds in the cognitive realm. Social media is the very frontline in the future and even very existence of Western civilization, and it has chosen to support those waging the neo-liberal cancel culture in the name of justice, liberation and equality.
Topic:
Culture, Hegemony, Social Media, Neo-Liberalism, and Cancel Culture
Political Geography:
Global Focus

1440. Conspiracy Buffs, Skeptics and the 2016 US Presidential Election

Author:
Ted Goertzel
Publication Date:
12-2021
Content Type:
Journal Article
Journal:
Turkish Policy Quarterly (TPQ)
Institution:
Turkish Policy Quarterly (TPQ)
Abstract:
We identified “Conspiracy Buffs” and “Skeptics” based on two conspiracy theory items included in the 2016 American National Election Survey. We then compared these two groups, and the much larger group we called the “Uncertains”, on a large number of closed and open-ended survey items. The Conspiracy Buffs had lower levels of education than the Skeptics, had less facility with language, and were more likely to state that they had not thought much about whether they were liberal or conservative. They expressed strongly angry feelings about Hillary Clinton, often citing the Benghazi incident and her use of a private email server. The Skeptics were just as angry at Donald Trump as the Buffs were at Hillary Clinton, but they did not use arguments drawn from conspiracy theories. They referred to his widely acknowledged personality traits and personal behaviors. These traits were also mentioned by many Buffs, but more in disappointment than in anger.
Topic:
Politics, Elections, Voting, and Conspiracy Theory
Political Geography:
North America and United States of America