Punishing Putin, by Stephanie Baker, published in September 2024, offers a timely and in-depth examination of the international efforts to hold Russia accountable for its invasion of Ukraine. This isn’t simply a historical recounting of sanctions and diplomatic maneuvers; Baker delves into the complexities, contradictions, and often unintended consequences of the strategies employed by Western nations and their allies.
Continue readingGlobal Economy
The Forces Driving Our Economic Future
At the heart of our uncertain times lies an astounding level of convergence, with historical precedent dating back to the second industrial revolution and the decades that followed. It was Robert J. Gordon in his brilliant journey through the economic history of the western world that illuminated this convergence. In The Rise and Fall of American Growth, Gordon focused on a revolutionary century that impacted the modern standard of living more than any period before or after. It was also Gordon that concluded the world will never see a period like that again. It was his conclusion that prompted my development of a future innovation visual that sought to dispute it. While technology has driven human advancement for centuries, it has not done so in isolation. In periods like the one described by Gordon; other domains play a role in determining where technology takes us. This quote says it best:
Continue readingGlobal Economic Prospects
The prospects for the global economy are a function of convergence. While geopolitics drives economic volatility, societal shifts create uncertainty, and science and technology lead us down divergent paths. The World Economic Forum provided their thoughts in a recent article that looked at global economic prospects.
Continue readingA Shift In Economic Power
This visual from visual capitalist looks at global economies between now and 2036. It tracks the shift in economic power across the years, dating back to 2006. This article provides color commentary. The visuals are charts projecting the top ten economies in 2031. The economic domain is one of our convergence areas, with the changing economic landscape contributing to our uncertain environment. In rehearsing the future, this domain is a critical area of focus. What are the implications to the future if the visual accurately depicts economic power shifts?
The Economy Is A Critical Area Of Convergence
Much is said about the critical role that science and technology play in shaping the future. This area of convergence continues to have a profound impact on that future. I have described the importance of convergence in various posts in the past, highlighting the impact of other domains like geopolitics, philosophy, and society. Another key domain is the economy. Understanding the global economy is critical to illuminating possible futures. The role of Central Banks has been instrumental in navigating extreme events like COVID-19, as well as the various boom and bust financial cycles of the past.
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Reimagining the Future 