Short‐termism Is Undermining America

The United States accuses China of subsidizing its entire export economy through artificially undervaluing its currency. China accuses the United States of fiscal profligacy while flooding the world with easy credit to keep its economy afloat. This dispute reflects the reality that the world's two largest economies are built on opposite dynamics of production and savings vs. consumerism and debt. In Europe, the wages of unsustainable debt that financed the welfare state have also come due. Rebalancing the global economy in this context is not only a matter of fixing exchange or interest rates and extending the retirement age. It must also involve a recalibration of democracy in both East and West. Two Nobel economists, the Greek prime minister, a ranking Chinese economist and the former chief economist of the IMF address these issues.     

Unionism after Good Friday and St Andrews

Unionism's response to the peace process and the Belfast Agreement was often characterised as incoherent, divided and reactive. This reflected the reality that the core of the peace process was the relationship between the British state and the IRA. Since the end of the IRA as a terrorist organisation and mainstream republicanism's embrace of a partitionist settlement, Unionism's political position appears stronger. However, although constitutionally secure it faces major ideological and strategic challenges     

The Ancient Chinese Dream of Shanghai’s Songjiang

I’VE driven some 200,000 km across China,but for over a decade I always detoured around Shanghai because it wasn’t"real China."To my knowledge,Shanghai was nothing but mud flats until 1844,when Westerners built their international settlement on the now famous     

Systemic Reform: Good Educational Practice with Positive Impacts and Unresolved Problems and Issues

This article describes the National Science Foundation's systemic reform programming, including major accomplishments and barriers to systemic reform. The challenges of systemic reform and new directions for education reform are discussed. The focus in on the results and challenges of policies implemented by the systemic initiatives, namely the mandate for the alignment of standards, curriculum, instruction, and assessment with the implementation of a standards‐based K‐12 mathematics and science education program; increased science and mathematics requirements for high school graduation; the delivery of intensive, high‐quality professional development; and improvement in student achievement after three years of funding. A broader view of education reform in the future will require policymakers and educators to pay more attention to formulating mutually supportive policies across education, health, and social services; establishing fiscal policies that provide sufficient funding to ensure equitable outcomes; and revising accountability policies to facilitate rather than impede the reform efforts.