Chrystia Freeland

Opportunity missed in U.S. bailout?

By Chrystia Freeland
December 7, 2012

Sometimes, the aftermath is more devastating than the storm. That is the story of the 2008 financial crisis. It was disastrous at the time, but what has been worse is how long it has lingered. That halting recuperation is why the global economic meltdown is still at the center of the political debate in the Western world.

The imperfect world of George Soros

By Chrystia Freeland
November 30, 2012

As it appears in the December 2012 issue of Foreign Policy magazine.

George Soros cites Isaiah Berlin as an important intellectual influence, so it makes sense to see Soros through one of the Riga-born philosopher’s best-known lenses — the division of the world into foxes and hedgehogs. In his public life, Soros is a broad-minded fox: As a hedge fund manager, his success rested on his ability to make many different bets every day. In his philanthropy, Soros is foxy too, supporting, under the broad umbrella of “open society” dozens of causes in dozens of countries.

Income inequality: government, Warren Buffett and growth

By Chrystia Freeland
November 30, 2012

When Branko Milanovic, a World Bank economist, published “The Haves and the Have-Nots,” a study of global income inequality last year, one of his most striking observations was the extent to which the subject was taboo in the United States.

Making the most of diversity

By Chrystia Freeland
November 16, 2012

For America, 2012 will go down in history as the year of the Latinos, the blacks, the women and the gays. That rainbow coalition won President Barack Obama his second term. This triumph of the outsiders is partly due to America’s changing demographics. And it is not just the United States that is becoming more diverse. Canada is, too, as is much of Europe.

Obama, the super-rich and the election

By Chrystia Freeland
November 9, 2012

Among the losers in the United States this week are the super-rich, who spent unprecedented millions to evict President Barack Obama from the White House. The investing class turned sharply and vociferously against the president many of them had supported in 2008. On Tuesday night, the plutocrats lost their shirts.

Africa: the next economic tiger?

By Chrystia Freeland
October 19, 2012

If you are looking for some good cheer in a pretty gloomy world, consider the growing consensus among some of the world’s smartest money that the next big emerging market may be Africa.

America’s middle class goes global

By Chrystia Freeland
October 15, 2012

President Barack Obama did a miserable job of making his own case last week. But speak to his supporters and the pitch is clear: The American middle class is being hollowed out; Obama’s self-appointed mission is to try to save it.

For government, it is not just size that matters

By Chrystia Freeland
October 4, 2012

Photo: Joshua Lott/Reuters

One of today’s major debates is how big government should be. Maybe we are asking the wrong question. Our battle over the size of the state overlooks a problem that is just as important and that may be easier to muster the collective will to resolve: how effective government is, regardless of its scale.

Globalization, the tech revolution and the middle class

By Chrystia Freeland
September 21, 2012

YALTA, Ukraine — One of the paradoxes of our age is that we are simultaneously living through a time of positive economic innovation and also a time of the painful erosion of the way of life of many middle-class families.

Soros: The euro zone is about more than money

By Chrystia Freeland
September 13, 2012

George Soros made headlines this week with a striking proposal that to save Europe, Germany must “lead or leave.” The leadership part was familiar: Outside Germany, at least, it is becoming conventional wisdom that Europe will survive only if the Union’s behemoth provides more decisive leadership — and writes bigger checks.