Oxford University Press's
Academic Insights for the Thinking World
Has inequality increased over the last several generations? The answer depends upon the “currency” for inequality assessment. An item has been distributed among the population of interest, and we are using a number to summarize that distribution. But which item is it?
In recent years, numerous phenomena in Chinese society have worried the informed elites and have angered the common citizens. On the one hand, government power has been expanding, the monopolies of state-owned enterprises, especially central enterprises, have grown, and consumption of public funds and official corruption have become rampant.
In Federalist 63, Madison pointed out that the principle of representation was not exclusive to modern republics. In the Roman Republic, Madison thought, the Tribunes of the plebs were “annually elected by the whole body of the people, and considered the representatives of the people, almost in their plenipotentiary capacity.” Representation was not unknown to the ancients.
The retail side of banks’ business culture is of particular political significance; public disapproval of wholesale and shadow banking behaviour flow less readily into voter intentions. It is through the prism of experience of retail banking that politicians and the public believe themselves to be afforded insight into banks’ failure in these more remote areas
When you book an airline ticket, you trust that the pilot assigned to this flight is sufficiently knowledgeable and competent to fly the aircraft. In fact, you expect the pilot to be a professional that has gone through many hours of flight training and theoretical study.
In September 2013, the American comedian Louis C.K. talked to chat-show host Conan O’Brien about the value of sadness. His comments grew out of a discussion about mobile phones, and the way they may distract us from the reality of our emotions.
The economy and sovereignty are the two main themes dominating the political campaign preceding the EU Referendum that is taking place on 23 June. The sovereignty argument revolves around the notion of “taking back control from Brussels” and human rights are amongst the examples of control lost to the EU cited by leave campaigners.
Taken by itself, the election of the next American president, Democrat or Republican, will have little or no discernible impact on Middle Eastern chaos. To make any meaningful difference to this still-expanding problem, American decision-makers would first need to look behind the news.
What gives you the right? We are familiar with rights claiming, it comes easily to our lips when we believe we are entitled to something—to respect, to our fair share. Rights are fighting words. We invoke them when we have been wronged, when a situation has become intolerable.
What role did the Greek and Roman classics play in the making of the American Constitution? Existing scholarship has put the main emphasis on the political theory of republicanism.
Having been cast as unnecessary “red tape”, a burden on business, inflexible, uncompetitive and inefficient, it is widely assumed that a sizeable number of domestic employment laws derived from European Law will be in the firing line in the event of a Brexit.
On 17th May, a massive fire caused Metro-North Railroad to reduce its commuter train service to and from Grand Central terminal. In light of this service disruption, the Metropolitan Transportation Authority, which operates Metro-North, “encouraged” commuters “to consider working from home.”
Centre-left social democratic parties appear to have been left behind in the last decade. ‘‘Early in this century you could drive from Inverness in Scotland to Vilnius in Lithuania without crossing a country governed by the right’’ The Economist highlighted just weeks ago.
It is hard to imagine two politicians that are further apart ideologically than Bernie Sanders and Donald Trump. Nonetheless, these two presidential candidates have a lot in common: their outsider status, their unrealistic fiscal plans, and a desire to punish foreigners for America’s economic problems.
After the fall of the Berlin wall and before the collapse of Lehman, the political mood was such that banks were able to persuade the world that high levels of profit and remuneration were justified: the banks told the world that their industry had a key role in wealth-creation.
Much has been written about the potential of immigration reform to level the playing field for unauthorized children and youth in the United States. Research shows that in addition to, or perhaps ahead of, advocacy for immigration reform, including passage of the DREAM Act legislation in every state of the Union, there is a real need to work with Latino immigrant families on realizing the relationship between levels of formal schooling of immigrant children and parents.