The Wisdom of the Smart Crowd
For the third year in a row, Foreign Policy polled the world's top Global Thinkers to ask everything from how Barack Obama's really doing on the economy to what the biggest threats to global stability are in a year of revolutions. (Hint: There's not a lot of bullishness in this group.) So take a look at what our brilliant collection of Nobel winners, paradigm-shattering authors, and leaders from around the world has to say about this momentous year and what's in store for 2012.
NOVEMBER 28, 2011
(34)
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MAINO
4:45 PM ET
November 28, 2011
If 37 of them
If 37 of them thoughts that Keynes would be the go-to guy in a debt crisis, in a crisis caused by gargantuan levels of government expenditure, of tried and failed stimulus and deficit-spending...then they aren't really 'experts' are they...
They're morons.
THE GLOBALIZER
6:21 PM ET
November 30, 2011
I have to agree...
Traditional Keynesianism has long since been debunked in economic circles, and is particularly bad in a time of highly-leveraged governments and already robust government spending.
In other words, if we were operating under a Friedman system, Keynesianism would help (in the short term). Since we're operating under a prolonged Keynesian economic regime, the effects are muted.
DAVIDCEISEN
11:35 PM ET
November 30, 2011
"in a crisis caused by
"in a crisis caused by gargantuan levels of government expenditure"
Sure if you make believe government expenditure caused a crises of unregulated banks bundling toxic assets they knew would never be repaid, but didn't care because they could sell them to consumers, which led to a terrible, prolonged recession, which in turn led to terrible, prolonged drops in tax revenue, then yes Keynes would be the wrong person to look to. Unfortunately your scenario is bunk.
MERUDH
1:43 AM ET
December 7, 2011
what?
ok so if 37 of that can do it then why can't 38 of them do it like maybe to find a cosigner.
yeah they aren't morons...stop being so mean.
GREGGHUNTSFIELD
1:59 PM ET
November 29, 2011
Over Hyped story?
I'm going to have to go with the Royal Wedding coverage as the most over hyped story. That was flat out ridiculous and I'm not sure if people were really interested in the event...or if it was just being force fed through the media. Welcome to 500 years ago I guess. Have their cake and eat it too. GRstuff
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1:43 AM ET
November 30, 2011
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November 30, 2011
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RAJMEEJ23
12:26 PM ET
December 1, 2011
Great Post.
Thanks for this post. Royal Wedding coverage was watch by the world and it get awesome popular because its history one.
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TECHGUY
2:16 AM ET
December 2, 2011
Smart Crowd
Lets face it, the President won't be able to fix the nation over night but its been almost 3 years and it seems as though America is worse then ever. The brilliant minds that took this survey is on point on every topic. He hasn't done so well when it comes to fixing the economy, health care or climate issues. However, I don't think there is much the President can do. I don't want to see the economy fall like Netflix stocks fell earlier last month.
DEATHBYFIRE23
5:57 PM ET
December 10, 2011
While I agree it won't happen
While I agree it won't happen over night you would expect that they would have had another solution other then just pumping more money into the economy. Until they find a way to generate new incentives for companies to hire more workers and subsidize new industries nothing will change. I just past my cna training course because I had no job and was out of work but healthcare wise most people don't have healthcare to begin with and most people who do have healthcare that doesn't cover much. But yet what does the government want to do? They want to continue to cut the poor peoples benefits while the rich just move to other countries or get tax bonus's to help them get richer.
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RONALDCARTER3451
1:06 AM ET
December 6, 2011
Obama Mishandled The Economy
I think Obama mishandled the economy which led to longer recession. There is so much expectations from him when he won the presidency. I think most of the Americans now are pretty disappointed with the direction of his government. Doctors, lawyers, chiropractic marketing people, unemployed and everyone else felt the poor economy so I'm sure most of you will agree with me. I'm looking forward to the next election...
HOUSTONIAN
2:51 PM ET
December 26, 2011
agreed.
"I think Obama mishandled the economy which led to longer recession." Agreed. And one that will last for many years to come. I believe that it will be many years before we see the true damage that was done in this country. Housing prices down, jobless claims up, unemployment up, people getting depressed, even drug rehab treatment centers are having increased numbers and admissions because with bad economies comes abuse and/or overuse of all substances. We're in a downward spiral right now; who knows what it will take to break us free.
WEBSITE VALUE
4:50 PM ET
December 6, 2011
personal view
I think Baraka Obama is trying his best to recover the economic, but the value of market is really down at the moment, so he need to try very hard..
good luck Mr. Obama.
regards
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JOEDANIELS
10:46 AM ET
December 7, 2011
Why do people say Barack has
Why do people say Barack has done a bad job? When he was elected, we were just entering/in a recession. I personally don't see anything wrong with what he had done so far, apart from the fact that he is supporting quantitive easing which I think is totally stupid. But these are my views and I know some people absolutely hate him...oh well.
DONKISSOTES
10:35 PM ET
December 17, 2011
agreed
I agree with the idea JOEDANIELS,
people who hate Barack because his mind is not fully supported. It is not easy for barack to restore American perekonmian back. see also how many European leaders are so good, now Europe is also in a state of crisis
regard
donkissotes
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DONKISSOTES
10:39 PM ET
December 17, 2011
agreed
I agree with the idea JOEDANIELS,
people who hate Barack because his mind is not fully supported. It is not easy for Barack Obama to restore American economi back. see also how many European leaders are so good, now Europe is also in a state of crisis
regard
donkissotescofee break
DONKISSOTES
10:42 PM ET
December 17, 2011
agreed
I agree with the idea JOEDANIELS,
people who hate Barack because his mind is not fully supported. It is not easy for Barack Obama to restore American economi back. see also how many European leaders are so good, now Europe is also in a state of crisis
regard
donkissotes cofee break
DONKISSOTES
10:44 PM ET
December 17, 2011
agreed
I agree with the idea JOEDANIELS,
people who hate Barack because his mind is not fully supported. It is not easy for Barack Obama to restore American economi back. see also how many European leaders are so good, now Europe is also in a state of crisis
regard
donkissotes cofee break
ATRAIN2007
12:51 PM ET
December 7, 2011
He Just Likes The Power
President Obama is a Narcissist. He just likes the power and attention that comes form his presidential figure. Right now all he cares about is getting re-elected. If it means sending the troops home from Iraq to get votes, that's what he'll do, even if it destroys Iraq.
The Debt crisis isn't at all his worry. He just wants to appease the voters now, extend unemployment, subsidize the housing market, and keep the welfare voters on his side.
If Obama was really concerned about the debt crisis, he probably wouldn't be taking a 17 day vacation to Hawaii while relying on the "Super Committee" to fix everything for him right now. It's sad.
NOT_REALLY19
2:06 AM ET
December 9, 2011
President Obama Needs to Tweak His Image More Progressively
I think that President Obama is trying to curry favor with conservatives for whom he can never win over --no matter how hard he tries. Instead, the "in-betweeners"like me think he's better when he acts progressively as he has on certain stances - like being against the pipeline carrying oil through the midwest. When he supports green-energy companies. If he were to make the miliatary purchase tents and supplies from only American suppliers - even though it might cost a little more, even that would be progressive. When he brings the troops home from Iraq on time as he promised -- that's being progressive.
To help the housing economy recover,he must be progressive, not conservative. Allow FHA to continue making low-downpayment loans (3.5%) on houses and condos. Currently FHA has pulled the licenses of over 65% of condo projects - making 3.5% down loans impossible to get and further deflating the prices. Conservatives say that this is a wise policy but that's just a knee jerk reaction. Conservatives fear that with so many foreclosures the HOAs must be bleeding money -- even though many of these HOAs are solvent. So don't listen to all the conservatives who say that low downpayment loans caused the meltdown and getting rid of them will make the housing market better. Not true. Low down payment loans of FHA require borrowers to income and credit qualify for a loan, something that didn't happen during the heyday of the mortgage boom years. If interested in the meltdown, one of the better explanations I've read is at http://www.mmdfy.com/the-cause-of-the-mortgage-meltdown-revealed/
It's not a battle of conservatives and liberals -- it's conservatives vs progressives. People want the economy to make progress. We demand progress from schools and companies we buy stocks in. Why wouldn't we vote for a man of progress, who has shown progress over the past 3 years and will continue to progress?
Just my .02 cents worth
FERNANDORE
6:52 PM ET
December 12, 2011
yea ! I have to agree
i Agree In other words, if we were operating under a Friedman system, Keynesianism would help .... Since we're operating under a prolonged Keynesian economic regime, the effects are muted. massagistas
STEFANROES
7:31 PM ET
December 13, 2011
Don't believe it really Obama huh?
not really in to the idea that obama has very much wisdom in him. Obama is responsible for a couple of major mistakes and i do not realize that obama has so much support from the american people, dildo i guess they don't see it the way i'm seeing it. just can't believe this!
STEVE DITTMAN
5:45 AM ET
December 14, 2011
Relax Obama
I think Obama knows exactly what he is doing..
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RICHARD BOOKER
5:43 PM ET
December 14, 2011
Housing economy
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YVONNEBOOGAARD
9:02 PM ET
December 19, 2011
Wisdom of the smart
Princewally stated some good points above, government has to change things and not in the benefit of them but for the people. Golfles GVB Cursus
FRICHST854
1:43 PM ET
December 22, 2011
Brilliant collection of Nobel winners
I believe that President Obama is attempting to curry favor with conservatives to whom he is able to never conquer --no matter how hard he tries. Instead, the "in-betweeners"like me think he's better as he acts progressively because he is wearing certain stances - like being from the pipeline carrying oil with the midwest. As he supports green-energy companies. If Vince Delmonte would result in the military purchase tents and supplies from only American suppliers - though it cost a bit more, even that might be progressive. As he brings the troops home from Iraq promptly because he promised -- that's being progressive.
FPLOVERAAA
8:22 PM ET
December 26, 2011
I think that President Obama
I think that President Obama is trying to curry favor with conservatives for whom he can never win over --no matter how hard he tries. Instead, the "in-betweeners"like me think he's better when he acts progressively as he has on certain stances - like being against the pipeline carrying oil through the midwest. When he supports green-energy companies. mkv converterMKV ConverterYouTube Converter for MacYouTube To MP4 ConverterPdf Converter for MacPDF Editor for MacPDF Editor for MacPdf Converter for Mac
If he were to make the miliatary purchase tents and supplies from only American suppliers - even though it might cost a little more, even that would be progressive. When he brings the troops home from Iraq on time as he promised -- that's being progressive.
YARINSIZ
3:58 PM ET
December 24, 2011
Sure if you make believe
Sure if you make believe government expenditure caused a crises of unregulated banks bundling toxic assets they knew would never be repaid, but didn't care because they could sell them to consumers, which led to a terrible, prolonged recession, seslichat which in turn led to terrible, prolonged drops in tax revenue, then yes Keynes would be the wrong person to look to. Unfortunately your scenario is bunk.
FRIVCITY
4:01 AM ET
December 28, 2011
The brilliant minds that took
The brilliant minds that took this survey is on point on every topic. He hasn't done so well when it comes to fixing the economy, health care or climate issues. Miniclip, Starfall, Funbrain, Miniclip, Armor Games. If he were to make the miliatary purchase tents and supplies from only American suppliers - even though it might cost a little more, even that would be progressive. When he brings the troops home from Iraq on time as he promised -- that's being progressive.