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The Independent (July 3)

2018/ 07/ 05 by jd in Global News

“Any plan to rely on American trade to make up for the loss of EU benefits caused by Brexit are now merely a fantasy. Ironically, the push to remain in the EU might benefit from the US’s lurch toward insanity; the Brexit vote came when people assumed America would have a rational leader at the helm.”

 

The Atlantic (July/August Issue)

2017/ 08/ 10 by jd in Global News

Although Donald Trump called Kim “a madman with nuclear weapons,” North Korea’s leader “appears to be neither suicidal nor crazy.” In fact, “he has acted with brutal efficiency to consolidate that power; the assassination of his half brother is only the most recent example. As tyrants go, he’s shown appalling natural ability…. his moves have been nothing if not deliberate and even cruelly rational.” With only bad options for dealing with the North, this is “perhaps the most reassuring thing.”

 

The Atlantic (July/August Issue)

2017/ 07/ 17 by jd in Global News

Although Donald Trump called Kim “a madman with nuclear weapons,” North Korea’s leader “appears to be neither suicidal nor crazy.” In fact, “he has acted with brutal efficiency to consolidate that power; the assassination of his half brother is only the most recent example. As tyrants go, he’s shown appalling natural ability…. his moves have been nothing if not deliberate and even cruelly rational.” With only bad options for dealing with the North, this is “perhaps the most reassuring thing.”

 

Financial Times (February 18)

2016/ 02/ 20 by jd in Global News

The conditional deal between Saudi Arabia and Russia delivered “maximum rhetorical impact for the minimum genuine commitment.” Ultimately, it “will not take a single barrel of oil off the market to ease the glut that has driven crude prices down about 70 per cent since the summer of 2014.” The deal reveals “nervousness among the world’s two largest oil producers. But the fact that Saudi Arabia is not already cutting its output, in spite of mounting signs of financial strain, shows that while its strategy might be painful, it is still rational.”

 

Bloomberg (July 29)

2014/ 07/ 30 by jd in Global News

We need to treat climate change like fire. “You insure your house against fire not because you are certain it will burn down but to guard against the risk that it might. Yes, climate change involves various costs known with reasonable confidence—but it also creates big risks. It’s only rational to insure against them.

 

Washington Post (October 15)

2013/ 10/ 16 by jd in Global News

“A reopening, for now, of government, a postponement for a few months of a possible default on federal debts, a promise to negotiate again over fiscal disagreements — in a rational, functional world, these meager accomplishments would not be cause for celebration. In today’s Washington, they would count as achievements.”“A reopening, for now, of government, a postponement for a few months of a possible default on federal debts, a promise to negotiate again over fiscal disagreements — in a rational, functional world, these meager accomplishments would not be cause for celebration. In today’s Washington, they would count as achievements.”

 

The Economist (April 27, 2013)

2013/ 04/ 27 by jd in Global News

Economics has long been defined by choices made by rational beings. These mythical creatures, however, account for many of the field’s shortcomings. “Economics should draw much more heavily on fields such as psychology, neuroscience and anthropology.” Economists should “accept that evidence from other disciplines does not just explain those bits of behaviour that do not fit the standard models. Rather, what economists consider anomalous is the norm.”

 

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