The billionaires, business leaders and other elites who gathered in Davos praised the president’s policies, yet research on the politics of economic growth suggests it’s too soon to celebrate.
The French president said he would eliminate all coal-fired plants in his country by 2021, while his US counterpart is pushing policies intended to make them more profitable. Either way, the laws of economics will win.
It will be the private remarks between senior Australian business leaders and foreign investors at Davos that will likely be the most consequential for the Australian economy in the coming few years.
China’s actions in the South China Sea are getting scant attention at Davos. But if the Chinese set a precedent for other rogue nations, there will be a profound impact on global free trade.
A business and humanities scholar advises the president to pack three novels and a children’s story for his long transatlantic flight to Switzerland aboard Air Force One.