Wealth Taxes: Stories, Metaphors and Public Attitudes

Wealth taxes are currently high on the policy agenda in Britain. These taxes will not be political sustainable without public support. However, evidence exists that indicates substantial public opposition to wealth taxes. For example, inheritance tax appears to provoke hostility among the public. Some observers have suggested that the way that wealth taxes are presented - particularly using stories and narratives - could enhance public support. This paper summarises focus group evidence on this suggestion. I report that using narratives and stories can have an impact, although this should not be overstated and much depends on how the narratives are shaped.     

A Magnet for Foreign Students

<正>In the last couple of years,China has moved to a different level in attracting foreign students,becoming one of the top six nations to host international students.New data show there are as many international students in China as there are in     

From Pax Americana to Pax Mosaica? Bargaining over a New Economic Order

While the economic rise of new powers, frequently identified as the ‘BRICs’ (Brazil, Russia, India, and China), has been dramatic, the implications of this emerging multipolarity for global economic governance are not clear. In this paper, we address the question: can the diffusion of power among a greater diversity of countries result in the creation of a new global economic order—a Pax Mosaica—to succeed the Pax Americana of the previous century? Our argument proceeds in four steps. First, we provide a brief overview of the achievements and limitations of the system that was established at the end of World War II, and lasted for over half a century in the form of Pax Americana. In the second section, we investigate the emergence of multipolarity, and highlight the opportunities and costs that this generates. In the third section, we explore the routes whereby the changing balance of power might be harnessed towards the creation of a Pax Mosaica. We do so by posing four sets of questions, which must be answered if the mosaic distribution of power is to lead to greater economic stability, growth, and peace. The fourth section concludes the paper with ideas for reform with reference to the World Trade Organization, the Bretton Woods institutions, and the G20.