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How We Got Here, How to Get Out Kannan Srinivasan

  How We Got Here, How to Get Out   Kannan Srinivasan  Modernization taught us science & taught us the point of democracy.  Renouncing all its benefits, governments all over the world from India to the United States embrace every measure that speeds up global warming.  This is certain to kill us all.   What explains this collective compulsion? I suggest that some part of the explanation might lie in specific policy.  Namely the  long-term bipartisan US decision to sustain measures originally taken by the Reagan Administration in the early Eighties to induce capital flight from everywhere, which had, I shall argue, the effect of perpetuating an expensive dollar sustained not by trade earnings but inflows of capital so substantial as to dramatically enrich Wall Street & its billionaire allies all over the world, making imports into the US cheap while making everything produced domestically so expensive as to render American workers jobless ...
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  Yale's actions and the rule of law, Kannan Srinivasan, March 12 th 2025 In suspending Helyeh Doutaghi, an eminent Palestinian legal scholar, because an artificial intelligence-directed website    https://jewishonliner.org/p/member-of-us-designated-terror-group had termed her a terrorist https://www.nytimes.com/2025/03/12/us/yale-suspends-scholar-terrorism.html?smid=nytcore-ios-share&referringSource=articleShare (on the claims inter alia that she had been present at public gatherings where terrorists so designated were also present and also that terrorists so designated had interviewed her and that what she had said was replayed at gatherings of terrorists so designated) --  without even giving her the right to be heard – Yale seems to have adopted the extraordinary legal technology pioneered by India, namely that audi alteram partem is simply not necessary. In a statement Tuesday, Yale Law School described the allegations against Dr. Doutaghi as reflec...
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  Karen Karniol-Tambour of the investment management company Bridgewater offers advice  https://www.nytimes.com/2025/03/10/opinion/tariffs-europe-trade-war.html?smid=nytcore-ios-share&referringSource=articleShare ), not only to her high net-worth clients but to all of Europe:   Europe has lagged behind the United States thanks to its fractious and duplicative regulatory system, particularly in the tech sector, and rigid labor markets that make it hard for companies to hire and fire workers.…The continent’s security crisis may finally be galvanizing action. Germany has taken a essential step and forgone self-imposed constraints on fiscal policy to make meaningful investments in defense. The question is whether Europe will take this opportunity to more broadly transform its economy — and whether its leaders will realize they have no other good choices. Why? Because, For decades, the rest of the world, especially China and countries in Europe, have produced much more...
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