Berhanu Anteneh

Not biographical but some words about what I believe in. I am just an individual who (a) strongly cares about justice to the citizens of the world; (b) appreciates that the common good among humans is much larger than our differences and if handled wisely our differences are assets to us all; and seeks to raise awareness and promote collegiality through political consciousness. Politics is the key in society that if well understood and applied appropriately, would promote cohesiveness among the people and propel development in the best interest of all. Without exception, the value of peace is much more than the cost of war.

Revitalizing the House: Bipartisan Recommendations on Rules and Process (Center for Revitalizing American Institutions, Hoover Institution)

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Our Constitution has endowed power to the American people by empowering Congress, especially the representatives closest to the people—the members of the House of Representatives. To revitalize the House and reinvigorate our democracy, our bipartisan task force recommends these reforms to House rules and procedures, both to re-empower individual members and committees in lawmaking and …

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Toward a Fifth World Order (Gordon Brown and Mohamed A. El-Erian)

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The world is at a crossroads, with one path leading to ever more global fragmentation and deepening crises, and the other offering a chance to pursue individual and shared prosperity through joint solutions to common problems. While the choice seems clear, the outcome depends on our ability to overhaul existing institutions. EDINBURGH – The Bretton …

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What Causes Prosperity? (Jeffrey Frankel)

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Institutional and economic development generally occur simultaneously, making it difficult to know which is causing which. This year’s Nobel laureates in economics tackled this question by examining the trajectories of former European colonies, starting with the mortality rate of settlers at the time of colonization. CAMBRIDGE – Why have some countries grown rich and others …

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America’s Real China Problem (Daron Acemoglu and Simon Johnson)

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Although everyone is supposed to benefit when individual countries leverage their comparative advantages, this canonical economic theory can run into problems when blindly applied to the real world. In the case of China, American leaders failed to consider why the country exhibits the strengths that it does. BOSTON – Instead of assuming that more international …

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Why Nation-Building Failed in Afghanistan (Daron Acemoglu)

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Although the United States clearly could have done a better job of managing its departure from Afghanistan, the tragedy playing out this month has been 20 years in the making. From the outset, America and its allies embraced – and never reconsidered – a top-down state-building strategy that was always destined to fail. ISTANBUL – The …

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Nobel Laureates Help Solve the Inequality Puzzle (PS Editors)

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While even the world’s poorest economies have become richer in recent decades, they have continued to lag far behind their higher-income counterparts – and the gap is not getting any smaller. According to this year’s Nobel Prize-winning economists, institutions are a key reason why. From Ukraine’s reconstruction to the regulation of artificial intelligence, the implications …

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What’s Wrong with ChatGPT? (Daron Acemoglu and Simon Johnson)

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Artificial intelligence is being designed and deployed by corporate America in ways that will disempower and displace workers and degrade the consumer experience, ultimately disappointing most investors. Yet economic history shows that it does not have to be this way. CAMBRIDGE – Microsoft is reportedly delighted with OpenAI’s ChatGPT, a natural-language artificial-intelligence program capable of generating text …

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Are We Ready for AI Creative Destruction? (Daren Acemoglu)

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Rather than blindly trusting elegant but simplistic theories about the nature of historical change, we urgently need to focus on how the next wave of disruptive innovation could affect our social, democratic, and civic institutions. Leaving it to tech entrepreneurs risks more destruction – and less creation – than we bargained for. BOSTON – The …

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