Hello 2016

It has been awhile since I last posted in mid-2015. To say a lot has changed since then is, quite simply, a vast understatement. In economics, the Fed raised interest rates while Japan adopted negative rates, China is slowing, Europe is recovering, oil prices are at historic lows, and the IMF recently issued a surprise recommendation that the world’s developed economies adopt coordinated expansionary fiscal policy to prevent global growth from stalling. In world affairs, ISIS is slowly being weakened while Islamaphobia rises, Russia has intervened in Syria, a nuclear deal with Iran was signed, US relations with Cuba continue to thaw, the Trans-Pacific partnership has made progress, and plans to close Guantanamo Bay have emerged. In US politics, Paul Ryan succeeded John Boehner as Speaker of the House, Bernie Sanders has emerged as a surprisingly strong presidential candidate to Clinton’s left, and the Republican Party is collapsing into anarchy as Donald Trump is poised to win the GOP nomination. So much more has occurred, and so much more will occur, as we progress through this pivotal 17th year of the 21st century.

Going forward, I intend to post more regularly on daily/weekly happenings as well as broader subject areas of importance. In terms of the latter, I will lay out what I think should be the key priorities for US domestic and foreign policy, an analysis and argument for the policies I favor, and how this all relates to the 2016 presidential election. Additionally, an analysis of domestic and global economic trends and policies will also be offered regularly. However, in a break from historical precedent, I hope for the blog to include a greater number of spontaneous daily reflections on an even broader variety of subject matters. As such, postings should generally become shorter and more to the point. This will accommodate me much better as I simultaneously seek to finish the remainder of my post-secondary education.

2016 promises to be a new chapter, both for myself and for the world at large. In almost every single way, life is transforming rapidly and unpredictably. This year will have outsized importance in determining the trajectory of things to come. Yet as always, the paradox of path dependency looms prominently. No matter how much things change, just as much stays the same, and history can offer a compelling guide as to how the repeated narrative plays out, and what we should do about it. It’s up to us to utilize history and critical analysis to try to mold the future to create optimal outcomes for the greatest number. The question is, are we willing to embrace a new-found pragmatism in the face of unrelenting ideological irrationality and entrenched policy paralysis? If we are, then the future looks very bright indeed. If this blog can contribute to that those developments, no matter how insignificantly, then I will consider it to have succeeded in one of its core missions.

So with that, I say: hello 2016. And welcome to the Pragmatic Revolution.

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2 thoughts on “Hello 2016

  1. I look forward to your future posts! I’m working on a few posts of my own, too. I was wondering if you were going to write one about economic policy and climate change.

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