Magazine May 14, 2018, Issue

Growth in the 21st Century

Edge of Chaos: Why Democracy Is Failing to Deliver Economic Growth -- and How to Fix It, by Dambisa Moyo (Hachette, 320 pp., $30)

I have a soft spot for intellectual bomb-throwers and policy provocateurs. Perhaps it is because of my many decades working in financial markets: Some of the most successful hedge-fund traders I have worked with fixate on what they perceive to be flaws in conventional thinking. They zig when most of the market zags.

Dambisa Moyo, the Harvard-Oxford-trained, Zambian-born international economist and former Goldman Sachs adviser, is a policy entrepreneur who shows a similar taste for risk-taking. Very few in the international system were aware of her until 2009. She burst onto the scene with her audaciousand correct

David M. SmickMr. Smick is the chairman and CEO of the global macroeconomic advisory firm Johnson Smick International and the founder and editor of the magazine The International Economy. His latest book is The Great Equalizer: How Main Street Capitalism Can Create an Economy for Everyone.

In This Issue



Books, Arts & Manners


Redeeming the Miracle

Yuval Levin reviews Suicide of the West: How the Rebirth of Tribalism, Populism, Nationalism, and Identity Politics Is Destroying American Democracy, by Jonah Goldberg.




Richard Rustad responds to Yuval Levin & Ramesh Ponnuru’s article “A New Health-Care Debate.”


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