By Fareed Zakaria
By the end of this decade, China expects to have almost 195 million graduates from community colleges and universities, while the United States will have no more than 120 million, according to a piece in the New York Times last week.
“China is making a $250 billion-a-year investment in what economists call human capital. Just as the United States helped build a white-collar middle class in the late 1940s and early 1950s by using the G.I. Bill to help educate millions of World War II veterans, the Chinese government is using large subsidies to educate tens of millions of young people as they move from farms to cities.”
Also, is outdated information on guns making it difficult to draw up policy recommendations in the United States? As I wrote recently, as with almost everything relating to this conversation on gun violence, it is extremely helpful to start with facts. But NPR notes why gathering the facts isn’t always straightforward:
“In 2003, Rep. Todd Tiahrt, a Republican from Kansas, added language to the Justice Department's annual spending bill. It says the Bureau of Alcohol, Tobacco, Firearms and Explosives can't release information used to trace guns involved in crime to researchers and members of the public. It also requires the FBI to destroy records on people approved to buy guns within 24 hours.”
And what did the Holy Roman Empire have in common with today’s EU? Quite a lot, according to a fascinating piece in the Economist at the end of last year.
“Even the problems sound familiar. Property values had crashed, as the depopulated land vastly exceeded tenants. And many princes, after years of paying mercenaries, were drowning in debt. As Mr Whaley explains, these debts were dealt with through a combination of moratoria and debt commissions. The emperor sent administrators to negotiate restructurings, rather as today’s “troika” of European Commission, European Central Bank and International Monetary Fund does. These bail-outs became a recurring feature, with 57 over the next century.”