While maintaining the appearance of independence, they often do what governments want COMMENT | ROBERT SKIDELSKY | The United Kingdom’s economic policy is adrift. That was the main conclusion from the House of Lords Economic Affairs Committee’s inquiry into the Bank of England’s failure to predict the worst inflation in 40 …
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The biggest problem with today’s democratic rhetoric is its tendency to frame international relations in moral terms, dividing the world into “good” and “bad” countries COMMENT | ROBERT SKIDELSKY | Language shapes our thinking and perception of the world and, consequently, what happens in it. That is why I worry less …
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Faced with a choice between parasitic capitalism and emerging neo-fascism, pessimism is reasonable COMMENT | ROBERT SKIDELSKY | In 2003, the literary critic Fredric Jameson famously observed that “it is easier to imagine the end of the world than the end of capitalism.” For the first time in two centuries, he …
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This week, Robert Skidelsky, a member of the British House of Lords and Professor Emeritus of Political Economy at Warwick University talks to Project Syndicate. INTERVIEW | ROBERT SKIDELSKY | Project Syndicate (PS): Last year, you lamented the reversion of contemporary policy discussions to “the age-old standoff between market-based supply-side economics …
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COMMENT | ROBERT SKIDELSKY | This week, PS talks with Robert Skidelsky, a member of the British House of Lords and Professor Emeritus of Political Economy at Warwick University. Robert Skidelsky Says More… Project Syndicate: Last year, you lamented the reversion of contemporary policy discussions to “the age-old standoff …
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COMMENT | ROBERT SKIDELSKY | A little over a year ago, the San Francisco-based OpenAI released its chatbot, ChatGPT, triggering an artificial-intelligence gold rush and reigniting the age-old debate about the effects of automation on human welfare. The fear of displacement by machines can be traced back to the nineteenth-century Industrial …
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Why the values that have shaped the West’s socioeconomic landscape appear to be in decline COMMENT | ROBERT SKIDELSKY | Reading this fall’s selection of new nonfiction books, one cannot help but recall W.B. Yeats’ prescient lines from The Second Coming: “The falcon cannot hear the falconer; things fall apart; the center …
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Why we would be wise to give it another chance before we resign ourselves to the capitalist-socialist conflict COMMENT | ROBERT SKIDELSKY | In 2009, while the world economy was still reeling from the global financial crisis, Nobel laureate economist Robert Lucas observed that “everyone is a Keynesian in the foxhole.” …
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Unchecked financial blacklisting, fueled by regulatory zeal, is neither reasonable nor prudent COMMENT | ROBERT SKIDELSKY | Nigel Farage, the former leader of the UK Independence Party (UKIP) and the driving force behind the campaign for the United Kingdom’s exit from the European Union, recently caused an uproar when he revealed …
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This state of affairs should not only be better than previous state, it must cover evils of transition COMMENT | ROBERT SKIDELSKY | One of the regrettable consequences of Charles Darwin’s On the Origin of Species was the advent of the pseudoscience known as geopolitics. Drawing inspiration from Darwin’s concepts of …
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The Independent Uganda: You get the Truth we Pay the Price