Yates Discusses the Paradox of the US Economy |
| Thursday, 03 November 2016 |
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Yates spoke about the state of the American economy in light of the declinist rhetoric coming out of the presidential elections. He reminded that the United States is the premier economic power in the world, representing around one fifth of the world GDP. It is rich in natural resources and a great exporter of cultural goods, with universities that attract brilliant students, placing the country at the cutting edge of technological progress. The US dollar has conserved its place as a reserve of value and the US stock exchange has drained the capital of the entire world towards the financing of its businesses, with numerous sectors remaining dominated by single American enterprises. Yet despite all of that, the perception in America of the US economy is one of decline. With the radio host Jean-Pierre Boris and along wih the other guests, including former AGS economics professor William Stewart, Yates attempted to resolve this paradox. |
On Saturday 29 October Professor Yates was invited as a guest on the radio program "Eco d'ici, Eco d'ailleurs", an hour-long economic show that is broadcast every Saturday on the French national radio station RFI.
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 Ryan MillsUnited States
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From current issues in the Middle East taught together by an Iranian historian and an Israelli journalist, to NGO management taught by the director of Human Rights Watch in France, every class was fascinating and taught by some of the most impressive people I could ever have imagined. I immediately felt at home in this small but active AGS community because, although students and professors are all from different parts of the world, everyone takes the time to understand each other's perspective. Overall, I would recommend AGS to anyone with a thirst for intellectual stimulation and a drive to not only understand the world of international relations, but engage in it..