dear stephen davies THANKS!

these 2 briefings on china and education are the happiest contributions to entrepreneurial revolution since the death of my father norman macrae 2010 whose life surviving war as teenager in bomber command present-day myanmar encompassed last class tutored by keynes, 40 years at the economist, doubling up scottish diaspora curiosity through the maternal side of my family tree including grandad sir kenneth kemp who wrote up legalese of india's independence after 20 years as mumbai's chief justice mediating gandhi and for several years judge on iea/fisher prizes

Entrepreneurial Revolution 1976 The Economist by Norman Macrae

 

after economist survey celebrating rise of japan in 1962 including at least one speech prince charles made in his superb relationship building with japan emperor, sony etc, father took on how to roll back dismal traps of british empire across the majority of the worlds people living on continent of asia; as well as connecting this with two other movements- how 100 times "moore" tech and mobile coms required celebration of leapfrogging every 1g to 5g decades 1980s to 2020s (our 1984 book the 2025 report -english version 2024 report-argued only educational transformation could achieve this)- plus dad's 1977 economist survey of china composed round 3 cheers

3 china had discovered rural keynsianism partly with borlaug alumni and partly with bangladesh fazle abed's women lift up half the sky by building rural health interventions

2 deng had concluded he wanted tsinghua to learn deming engineering from the japanese- the work of ezra vogel goes into deep detail on this

1 above all china was betting its future on education in line with adam smith opposite to british empire education - dads 1986 paper

please tell me at any time if there is any way i can connect with your teams between now and eg glasgow cop26 nov 2021 where we hope to organise a fringe festival on health, education and oriental friendships as well as climate : i know the bbc studio of david attenborough whose nephew i grew up with at school please say- adam smith is often misunderstood- he hated the slavery colonial model london had already spun south and east- with first engineer james watt he advocated the age of humans and machines should go west from 1760 with united states of english speaking- by all means our island should be a state led out of eg Philadelphia subject to one condition- not just legalisation to end slavery but compensating any owner of a business model eg plantations flowing round slavery to be taken over with a new model that valued lives matter- the whole advance west could have freed people with smiths model instead of by 1860 china closing itself to world trade rather than accept britannia proposition of opium as a trading currency

britain absolutely has a responsibility to the two thirds of humans who are asian as well as the fifth that are chinese and 0.1% who are hong kong-

thank you for raising hope as many tipping points crash over the next 5 quarters- i live in washington dc region where the hate between nations spiralled by trump means that the coalition needed between now and nov 2021 to leap over broken health, trade, bad banking fintech, lost edutech, deep data tech , trust , true media,  climate systems if to be translated in english wont be led from dc -not in the next 15 month timeframe- there is hope in the soros osun coalition OSUN | Open Society University Network at Bard College

OSUN | Open Society University Network at Bard College Open Society University Network (OSUN) at Bard College

 

but i am unclear which london network of this would celebrate your views- i think the vice chancellor of oxford could bridge both smithian cop26 and schwarzma-mit-tsinghua if you know her

also dad's 1976 survey entrepreneurial revolution enjoyed italian translation by a young romano prodi- if he or franciscans can unite italy's contributions to cop26 this can mitigate english speaking world loss of influence with the eu - a peculiarly top heavy network since its birth at messina 1955 where dad was the only journalist

whatsapp/mobile +1 240316 8157 norman macrae family foundation outofbeltway

On Sunday, 16 August 2020, 03:59:55 GMT-4, Institute of Economic Affairs <iea@iea.org.uk> wrote:

TALKING POINT, BY DR STEPHEN DAVIES ON THE UP? NOSE TO NOSE YOUR CHANCE TO WIN! YOU'RE INVITED TALKING POINT, BY DR STEPHEN DAVIES Last week Syed Kamall and I published a joint paper on the approach that the UK and other Western countries should take towards the Chinese state, in the aftermath of Covid-19. There is clearly a significant cooling of relations going on, in response to the increasingly aggressive behaviour of Beijing and the way it handled the initial onset of the virus, and many fear, or hope, that this will lead to a second Cold War with the CPR. We argued that this would be mistaken and costly and rested upon a mistaken idea of the goals and motives of the Chinese leadership, but also that a business-as-usual approach was not sustainable. We proposed a third path – of some economic engagement, but combined with action by civil society and private bodies to develop contacts with people within China who opposed the regime and to support them. On Thursday the IEA published my paper on the way forward for the UK’s university system given the funding crisis brought about by the pandemic. 'To a radical degree' argues that financially distressed institutions should not be bailed out. Things like rescues and mergers should not be used to produce a slimmed down system that is more focused on STEM. Instead we should take the opportunity to rethink HE policy pursued by governments of both parties since the mid-1980s, and move to a much more pluralistic and varied system. Above all, there is a need to break the link between having a degree and access to high paid or high-status jobs. The paper was released to time with A-level results which, it would be fair to say, have been a monumental shambles. The despair and angst on display emphasises the point of the paper: why do so many people think that their entire life prospects or those of their children depend on getting into university at 18 (or, even worse, a particular university)? As a society, we need to rethink this. I discussed the findings of the paper in a video, and wrote articles for City AM and the IEA blog. Dr Stephen Davies Head of Education, Institute of Economic Affairs ON THE UP? This week, GDP figures published by the ONS confirmed what we already knew: the UK fell into recession in the second quarter of this year. The data made for sombre reading, but the real "news" is that the recovery that began in May accelerated in June. Quoted in The Sun, IEA Economics Fellow Julian Jessop commented that while there is still a long way to go before these green shoots return the economy to where it was before the pandemic struck, "mighty oaks grow from little acorns". Julian added that "people now need to be encouraged to come off furlough and get back to work as soon as possible — whether this is for their existing employer or for another business that is better able to cope with the ‘new normal’, whatever that may prove to be". You can read his response in full here. Julian’s comments also appeared in The Telegraph. He argued that data revealing the biggest quarterly fall in productivity on record "was to be expected," given that during a recession firms tend to focus on preserving jobs so they can avoid the cost of firing and then rehiring workers. Also in The Telegraph, IEA Editorial and Research Fellow Professor Len Shackleton responded to the ONS labour market statistics on Tuesday, which showed that Covid-19 job losses have hit the oldest and youngest workers the hardest. Len argued that these workers "represent an important potential resource and should not be forgotten by policymakers". Read his comment in full here.