Donald Trump and the Apprentice economy

Homer said “It is a wise child that knows his own father.” Well, Ivanka Trump surely did a much-needed goody for her dad by convincing him of the great importance of apprenticeships, a woefully underappreciated vehicle for supporting human capital development and boosting economic growth.

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Can Brazil be saved?

The historical problem Brazil has been unable to solve is the need to build an inclusive economic model that can help alleviate poverty and reduce inequality. That will require cutting subsidies and benefits to interest groups that have long benefitted from fiscal spending. As the year comes to an end, Brazilians will be happy to forget a bad year in terms of politics and the economy. Unfortunately for them, 2017 might not be much better.

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