Archive for Christopher Lingle
Christopher Lingle is visiting professor of economics at Universidad Francisco Marroquin in Guatemala and research fellow at the Centre for Civil Society in New Delhi.
Consumption Can Drive Economic Growth?
Perhaps one of the biggest misconceptions about America’s recent period of high growth is that consumption was the principal driver behind it. Embodied as the notion of a so-called wealth effect, the misconception is so deeply entrenched that its internal contradictions are overlooked and alternative views are simply ignored. As it is, this misguided thinking [...]
1Nov2001 | Christopher Lingle | 7 comments | ContinuedBeijing’s Cruel Choice
Christopher Lingle is visiting professor of economics in ESEADE at Universidad Francisco Marroquín. China, like other countries undergoing radical transition, must resolve the political and economic issues that determine its pattern of future development. The search for a workable model has often led to the conclusion that authoritarian rule may be a “necessary evil” as [...]
1Aug2001 | Christopher Lingle | 3 comments | ContinuedThe Steps to Economic Freedom
Christopher Lingle is a visiting professor of economics, ESEADE at Universidad Francisco Marroquín in Guatemala. Many Latin American countries suffered for decades under a form of homegrown despotism. The accompanying repression of political liberties left a legacy of far-reaching state intervention, widespread corruption, persistently high rates of poverty, and slow economic growth. Emerging market economies [...]
1Jul2001 | Christopher Lingle | 1 comment | ContinuedEnvironmentalism as Though People and Facts Really Mattered
Christopher Lingle is a visiting professor of economics, ESEADE at Universidad Francisco Marroquín. One of the most compelling political issues of the new millennium is to discover ways to arrest and reverse the debilitation of our natural environment. To many observers, no less than a revolution is necessary to change public opinion and to implement [...]
1May2001 | Christopher Lingle | 0 comments | ContinuedRising Oil Prices Create Inflation?
With oil prices rising rapidly and the euro and the Australian dollar declining sharply (to name only two currencies to fall persistently), it appears that a rough road is ahead for the world’s economies. Perhaps the biggest concern for those countries which import oil is that a new wave of inflation will sweep over them. [...]
1Apr2001 | Christopher Lingle | 0 comments | ContinuedEducation, Creativity, and Prosperity: East versus West
Christopher Lingle is a visiting professor of economics at ESEADE, Universidad Francisco Marroquín. It is widely believed that a commitment to education is a key element in the “miracle” economic growth experienced in much of East Asia over the past several decades. For example, the introduction of universal primary schooling in Japan is presumed to [...]
1Mar2001 | Christopher Lingle | 1 comment | ContinuedHigh Savings Rates and Asia’s Economic Crises
A high rate of saving among Asians was once credited for its important contribution to the remarkable performance of their “miracle” economies. But Japan’s recession and China’s deflationary cycle indicate that a high rate of saving does not guarantee high growth. This is because high savings reduces overall spending by households and companies. It may [...]
1Dec2000 | Christopher Lingle | 0 comments | ContinuedIs There an Anglo-American Economic Model?
Those who wish to avoid the painful changes wrought by increasingly competitive and open global markets speak derisively of an Anglo-American economic model. Allusions to a cabal of white men in dark suits involve a racial epithet that is distasteful. It is also ill-informed in that it belittles the enormous contribution made by women, Asiatic [...]
1Oct2000 | Christopher Lingle | 1 comment | ContinuedTrade and Freedom in China: A Reality Check
China’s authoritarian government regularly and systematically ignores universally recognized rights. It is beyond dispute that the Communist Party detains individuals for expressing political opinions and for practicing religious beliefs that are viewed to be subversive to the control of the central authorities. Apologists for Beijing often try to raise an argument based on moral relativism [...]
1Sep2000 | Christopher Lingle | 0 comments | ContinuedEconomic Insecurity: Are We the Enemy?
A great paradox of our time is that former communist dictators win electoral credibility and the approval of international bankers by embracing the market while some candidates in America win considerable support and some elections by damning the market. In some eyes the global capital market is a pernicious threat to global stability. Each new [...]
1Jun2000 | Christopher Lingle | 0 comments | ContinuedEconomic Growth and Freedom in the Coming Millennium
There are many reasons to believe that the year 2000 will usher in a period of rising living standards and greater overall freedom. This positive outlook is supported by the experience of emerging economies in Asia and Latin America, as well as the transition economies escaping from the disasters of authoritarian socialism and communism. What [...]
1Apr2000 | Christopher Lingle | 1 comment | ContinuedChina’s Flirtation with Keynesian Economics
China’s economy has made enormous progress since modernization began in 1978 under the direction of Deng Xiaoping. However, while no one expects the transition from communism toward market-based economies to be painless, the full truth is much more brutal in that China’s economic future may be rather bleak. After nearly 50 years of experimenting with [...]
1Dec1999 | Christopher Lingle | 1 comment | ContinuedEast Asia’s Crises: Toward a New Growth Paradigm?
Christopher Lingle, an independent economist and consultant, is the author of The Rise and Decline of the Asian Century (University of Washington Press, 1998). The current crises affecting much of Southeast and East Asia are rooted in the failures of political and corporate governance in the region. While this observation may point to a simple [...]
1Dec1998 | Christopher Lingle | 0 comments | Continued-
The Latest
Contraception: Insuring the Uninsurable
Update below. Controversy rages over the Obama administration’s mandate that all employers – including... Read More
The Snow Plowers’ Petition
The following might have happened in a small college town in upstate New York… In a cold and snowy... Read More
Super Bowl versus Education?
In the spirit of Super Bowl weekend I’d like to deconstruct a Facebook status update that a friend... Read More
Capitalism, Corporatism, and the Freed Market
When a front-running presidential contender tells the country that thanks to Barack Obama, “[w]e are... Read More
Creating Jobs versus Creating Value
Picking on New York Times columnist Paul Krugman is one of the largest participation sports on the Internet.... Read More
