jackliu1094

20 Flips | 1 Magazine | 2 Likes | 5 Following | 5 Followers | @jackliu1094 | Keep up with jackliu1094 on Flipboard, a place to see the stories, photos, and updates that matter to you. Flipboard creates a personalized magazine full of everything, from world news to life’s great moments. Download Flipboard for free and search for “jackliu1094”

Where all Silk Roads lead

NOT content with both purifying the Chinese Communist Party which he heads and with reforming his country, China’s president, Xi Jinping, also wants …

Is this a good deal?

FOR years Iran has lied about its nuclear plans. The Islamic Republic insists that it wants peace, but it has built secret, bomb-proof facilities for …

Thomas Piketty’s “Capital”, summarised in four paragraphs

It is the economics book that took the world by storm. <i>Capital in the Twenty-First Century</i>, written by the French economist Thomas Piketty, was …

A modern Marx

WHEN the first volume of Karl Marx’s “Das Kapital” was published in 1867, it took five years to sell 1,000 copies in its original German. It was not …

Money from nothing

BITCOIN, to its most ardent fans, is more than a useful way to pay for drugs. It is also a technological marvel that could disrupt much of the …

Bitcoin's deflation problem

TWO weeks ago we published a Free exchange column examining whether Bitcoin could be considered a true money, and if not, why not. Mike Hearn, one of …

Dereliction of duty

ANYONE who doubts the importance of the International Monetary Fund should look at Ukraine. Every Western nation is talking about helping the …

Hidden flipside

THE father has been found in time for his child’s funeral. That would appear to be the sorry state of affairs in the land of Bitcoin, a …

The worldwide wobble | The Economist

Leaders<p>The global economy<p>Immigration<p>The European Commission<p>China’s environment<p>Organised crime<p>Briefing<p>America’s deportation machine<p>Deported …

Worse than useless

SINCE climate change was identified as a serious threat to the planet, Europe has been in the vanguard of the effort to mitigate it. The policies it …

The plunging currency club

<b>Many emerging-market currencies are falling against the dollar</b><p>SINCE January 22nd the Argentine peso has fallen by 14%. It may be the most dramatic …

Why some economists oppose minimum wages

WORKERS across the rich world have suffered stagnant wages for much of the past decade, in good times and bad. Governments are responding by …

Coming to an office near you

INNOVATION, the elixir of progress, has always cost people their jobs. In the Industrial Revolution artisan weavers were swept aside by the …

What is quantitative easing?

TODAY the European Central Bank (ECB) launches its long-awaited programme of quantitative easing (or QE), adding lots of public debt to the private …

The $9 trillion sale | The Economist

Leaders<p>Privatisation<p>France’s economic woes<p>Drug legalisation<p>Securitisation<p>Britain’s planning laws<p>Briefing<p>State-owned assets<p>Privatisation in …

Europe’s Tea Parties | The Economist

Leaders<p>Political insurgency<p>NAFTA at 20<p>The world economy in 2014<p>Corruption in Turkey<p>Pharmaceutical pricing<p>Briefing<p>Europe’s populist insurgents<p>United …

Stability through instability

THIS spring, the economics commentariat is discussing the relationship between monetary policy and financial stability. The concern that loose …

A game-changer but what's the game?

TWO separate people said to me yesterday that Japan's decision to use monetary policy to push up inflation was a game-changer but for different …

The non-puzzle of peripheral pain

WOLFGANG MUNCHAU has written an intriguing column at the <i>Financial Times</i> which considers reported gaps in household wealth across the euro area and …

Broken promises

ENJAMBMENT rarely makes the news. It may have reams of academic essays devoted to it, but less recondite publications have, understandably, steered …