Tag Archive: economics

Dec 01

The Spider’s Web- a documentary

“The Spider’s Web: Britain’s Second Empire” is a documentary produced for 4,000 pounds, which traces how the City of London manages tens of trillions of dollars. The City of London itself is a bizarre structure, separate from the London with which we are all familiar. This strange subset of the city has its own governmental …

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Permanent link to this article: https://www.introtoglobalstudies.com/2018/12/the-spiders-web/

Aug 15

The Great Recession

New York Magazine has an outstanding article, “Ten Years after the Crash, we are still reliving in the world it brutally remade.” The article consists of a series of brief statements by economists, activists and academics, which underlines the centrality of this event to our modern social, political and economic systems. If you want to …

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Permanent link to this article: https://www.introtoglobalstudies.com/2018/08/the-great-recession/

Nov 01

Global Debt

The website Visual Capitalist has a chart that shows how much of the world’s debt is owned by individual countries. The image is a giant circle. What immediately strikes one when looking at it is that half of the worlds debt is held by only two nations, the United States (31.8%) and Japan (18.8%). Some nations …

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Permanent link to this article: https://www.introtoglobalstudies.com/2017/11/global-debt/

Mar 08

Maps of U.S. Trade

I recently came across this great blog post by Yuka Kato, which has beautiful maps illustrating U.S. trade with different regions of the world. This would be a great tool in classes that address international political economy, including an Introduction to International and Global Studies class. You can also find other great maps for an introductory …

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Permanent link to this article: https://www.introtoglobalstudies.com/2016/03/maps-of-u-s-trade/

Feb 15

The Lights in the Tunnel

Ford’s book, The Lights in the Tunnel, is a bleak look at the future of global economies given an accelerating pace of automation. The book’s key idea is both clear and frightening: “The central thesis of this book is that, as technology accelerates, machine automation may ultimately penetrate the economy to the extent that wages no …

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Permanent link to this article: https://www.introtoglobalstudies.com/2016/02/martin-ford-the-lights-in-the-tunnel/

Jan 12

Energy Reform in Mexico and Brazil

I’ve just returned from three weeks in southern Mexico, where the biggest political issue in the news has been the President’s energy reform plan. In 1938 Mexican President Lazaro Cardenas nationalized the petroleum industry. This measure attracted popular acclaim in Mexico, and fury in the United States. While President Roosevelt was pressured to act, he …

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Permanent link to this article: https://www.introtoglobalstudies.com/2014/01/energy-reform-in-mexico/