Category Archives: Economy

New Infrastructure in Sub-Saharan Africa

This post will be continuously updated as we learn about new projects. On the three main vectors of wealth creation, African countries have lagged other developing nations for several decades. Sub-Saharan Africa is the poorest region of the world and … Continue reading

Posted in Africa, Demographic Dividend, Demography, Dependency Ratio, Economy, Emerging Markets, Infrastructure, Innovation, Society, Sub-Saharan, World Bank | Leave a comment

Why Buffett Won His Bet Against Hedge Funds

QE had a lot to do with it. Active fund manager billionaires Warren Buffett and Charlie Munger have been critical of active fund manager millionaires for their very high fees and chronic underperformance. It is not unusual for the ultra wealthy to trash the … Continue reading

Posted in Economy, Federal Reserve, Hedge Funds, Investment, Society, Stock Market, United States, Wall Street | Leave a comment

Father of the Bernie Sanders Presidency

President Trump’s elite-managed populism opens a path for a more genuine version. On the usual political spectrum, there are left and right, people who call themselves progressive or conservative, socialist/social democrat or capitalist. But these labels seem to mean less today than in the … Continue reading

Posted in 2016 Candidates, Cronyism, Demography, Economy, Politics, Society, United States, US Economy | Leave a comment

Outsmarting Crime Together: CityCop CEO Nadim Curi, 23 March 2017

Sami J. Karam speaks to Nadim Curi, CEO of the anti-crime app CityCop. Powered by its successful rollout in Latin America started in 2014 and further boosted by funding from startup accelerator techstars, CityCop has staked a claim to turn its “social platform for … Continue reading

Posted in Economy, Podcast, Society, Technology, Texas, United States | Leave a comment

The Economics of Dependency

This article first appeared at Foreign Affairs. How countries hit the demographic sweet spot. Demographics are among the most important influences on a country’s overall economic performance, but compared with other contributors, such as the quality of governance or institutions, their … Continue reading

Posted in Africa, BRIC countries, China, Corruption, Demographic Dividend, Demography, Dependency Ratio, Economy, Education, Europe, Foreign Affairs, India, Infrastructure, Innovation, Society, Sub-Saharan, United States, US Economy | Leave a comment

Trump Country: Where the Immigrants Aren’t

Trump did best in the states with the lowest percentages of foreign-born residents. “I love the poorly-educated”, gushed Donald Trump after winning the Nevada primary in February. But in the end, what happened in the primary, stayed in the primary. Come … Continue reading

Posted in 2016 Candidates, California, Demography, Economy, Florida, Immigration, Politics, Society, Terrorism, Texas, United States | 1 Comment

To Save or Ruin Twitter

A decision that could fix Twitter or hasten its demise. This is not the first article to suggest that Twitter can generate some revenues by charging its users, but perhaps we can offer some new angles to the discussion. To begin, … Continue reading

Posted in 2016 Candidates, Business Strategy, Economy, Innovation, Investment, Stock Market, Twitter, United States, US Economy, Wall Street | Leave a comment

Passive Funds Are Just Free-Riding Active Funds

If you and your neighbor have the same income and expenses except that he rides the bus for free every day while you pay a fare, he will be richer than you. Until recently, this was obvious: the neighbor is … Continue reading

Posted in Economy, Innovation, Investment, Society, Stock Market, United States, US Economy, Wall Street | Leave a comment

The Futility of Annual Top 10 Predictions

In every recent year, a black swan event has made top 10 lists appear quaintly naive and unimaginative. Our list is probably no better. This time of year, top 10 predictions are all the rage. These lists can be interesting and entertaining but how useful are … Continue reading

Posted in China, Economy, Emerging Markets, India, Iran, Oil, Russia, Saudi Arabia, Society, Terrorism, United States | Leave a comment

Update on India’s Demonetization, with Ravi Srinivasan

Sami J. Karam speaks to Ravi Srinivasan about India’s demonetization, its short and long term impact. Srinivasan gives an update five weeks after the November 8th announcement. For background, read Srinivasan’s original post India’s Disruptive Gamble and other populyst posts on India. … Continue reading

Posted in Economy, India, Podcast, Society | Leave a comment