Power Economics

Could you lose weight if you put $20,000 at risk? Would you finally set up your billing software if it meant that your favorite charity would earn a new contribution? If you’ve ever tried to meet a goal and came up short, the problem may not have been that the goal was too difficult or that you lacked the discipline to succeed. From giving up cigarettes to increasing your productivity at work, you may simply have neglected to give yourself the proper incentives.

Perhaps an important question deals with whether China has been able to convert its rising power into international influence and, if so, whether this influence extends to the international system as a whole or exists on a country-to-country basis. It is widely assumed that China's growing capabilities and activities translate into influence, but the linkage remains assumed and not proven.

Every day, we produce loads of data about ourselves simply by living in the modern world: we click web pages, flip channels, and shop with credit cards. Now, in one of the greatest undertakings of the 21st century, a savvy group of mathematicians and computer scientists is beginning to sift through this data to profile us as workers, shoppers, patients, voters, potential terrorists, even lovers. Their goal? To manipulate our behavior.

Despite Brazil being part of the BRIC nations, those with the most potential for growth in the global economy, Brazil is considered economically backwards in many ways. You get an idea of this when you look deeper into its politics and economic policies. In this edition of Summary Shorts, we will analyze and summarize the ideas put forth in Brazillionaires, a book that truly exposes the dark side of Brazil's rise and arguably its inexorable fall.