Why We Need More Government, Not Less

We need more government nowadays, not less. Yet the role of government also needs to be modernized, in line with the specific challenges posed by an interconnected world economy.

What's the Latest Development?


President Obama's pending jobs legislation is a step in the right direction despite thirty years of bad policy aimed at downsizing government, says Columbia University economist Jeffrey Sachs. While globalization has promoted rapid technological development and raised the standard of living across many countries, it has also created problems. Low-skilled workers in rich countries have become the primary losers as their jobs go elsewhere. Globalization has also spread contagion such as corrosive banking practices, terrorism and global warming. 

What's the Big Idea?

The call to downsize government is ill-suited to solve the problems that face our era, defined primarily by globalization. "Governments should promote high-quality education, to ensure that young people are prepared to face global competition. They should raise productivity by building modern infrastructure and promoting science and technology. And governments should cooperate globally to regulate those parts of the economy—notably finance and the environment—in which problems in one country can spill over to other parts of the world."

How to vaccinate the world’s most vulnerable? Build global partnerships.

Pfizer's partnerships strengthen their ability to deliver vaccines in developing countries.

Susan Silbermann, Global President of Pfizer Vaccines, looks on as a health care worker administers a vaccine in Rwanda. Photo: Courtesy of Pfizer.
Sponsored
  • Community healthcare workers face many challenges in their work, including often traveling far distances to see their clients
  • Pfizer is helping to drive the UN's sustainable development goals through partnerships.
  • Pfizer partnered with AMP and the World Health Organization to develop a training program for healthcare workers.
Keep reading Show less

Why the White House Correspondents’ Association dinner won’t feature a comedian in 2019

It's the first time the association hasn't hired a comedian in 16 years.

(Photo by Anna Webber/Getty Images for Vulture Festival)
Culture & Religion
  • The 2018 WHCA ended in controversy after comedian Michelle Wolf made jokes some considered to be offensive.
  • The WHCA apologized for Wolf's jokes, though some journalists and many comedians backed the comedian and decried arguments in favor of limiting the types of speech permitted at the event.
  • Ron Chernow, who penned a bestselling biography of Alexander Hamilton, will speak at next year's dinner.
Keep reading Show less

Juice is terrible for children. Why do we keep giving it to them?

A glass of juice has as much sugar, ounce for ounce, as a full-calorie soda. And those vitamins do almost nothing.

Pixabay user Stocksnap
popular

Quick: think back to childhood (if you've reached the scary clown you've gone too far). What did your parents or guardians give you to keep you quiet? If you're anything like most parents, it was juice. But here's the thing: juice is bad for you. 

Keep reading Show less

A new study says alcohol changes how the brain creates memories

A study on flies may hold the key to future addiction treatments.

Scott Barbour/Getty Images
Mind & Brain
  • A new study suggests that drinking alcohol can affect how memories are stored away as good or bad.
  • This may have drastic implications for how addiction is caused and how people recall intoxication.
  • The findings may one day lead to a new form of treatment for those suffering from addiction.
Keep reading Show less