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Illuminating the Arts-Policy Nexus 

Illuminating the Arts-Policy Nexus is a fortnightly series of articles on the role of art in public policymaking.  This series invites WPI fellows and project leaders as well as external practitioners to contribute pieces on how artists have led policy change and how policymakers can use creative strategies.

 

WPI BOOKS
Every Nation for Itself: Winners and Losers in a G-Zero World

 

In Every Nation for Itself: Winners and Losers in a G-Zero World, World Policy Institute Senior Fellow Ian Bremmer illustrates a historic shift in the international system and the world economy—and an unprecedented moment of global uncertainty.

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Zachary Karabell - How Bad Is It? Greece, Panic and the Crisis of Confidence (Huffington Post)

ZACHARY KARABELL. “How Bad Is It? Greece, Panic and the Crisis of Confidence,” Huffington Post, May 6, 2010.

"The Greek debt crisis finally spilled over in full force to U.S. markets, aided and abetted by extreme statements emanating from such esteemed and prominent voices as Muhammed El-Erian of the large bond investor Pimco, who warned that Greece could be just the beginning of sovereign debt catastrophes. In the space of minutes, the major U.S. indices plunged more than 10%, fueled by the same programmatic electronic trades that were part of the battering in late 2008 into 2009. And then in the space of 15 minutes, they recovered, without -- it's fair to say -- much human decision-making during that interval (and if an individual even tried trading during those 30 minutes, they would have found it difficult or impossible, as web sites such as schwab.com were completely overwhelmed with traffic)."

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