Will the Arab Spring Become the World Spring?
Much of the Arab world has undergone a revolution of sorts, but a leaderless one. The common consensus is that economic conditions will worsen before they improve.
What's the Latest Development?
With regional economies on the brink, Arab leaders worry they won't be able to meet expectations of the Arab youth. The Arab region is the youngest in the world–half its people have not yet reached the age of 30–and youth unemployment is staggering. The West's narrative is that yearning for democracy inspired the Arab Spring, but it was more due to economic hardship. Now, "nohing can be more dangerous than educated youths for whom there are no jobs."
What's the Big Idea?
Americans just want to pay their bills. Is universal basic income the path to financial stability and economic opportunity?