This article argues a new approach to immigration in that visas should not be allocated based on arbitrary political criteria but instead through the price system.

This essay uses the Philippines as a case study to suggest what is wrong with leading development prescriptions.

The last decade has seen the arrival of emerging markets, and investors and pundits alike have shown unbounded excitement about the BRICs—Brazil, Russia, India, and China—as the new sources of the world’s economic growth. However, a focus on the BRICs is already out of date. In half of these countries, demographic patterns have shifted, and the future of the world’s growth now looks set to come from a different set of emerging economies, the TIMBIs: Turkey, Indonesia, Mexico, Brazil, and India.

The question of what separated Europe from the rest of the world in the 19th century remains a puzzle, and will remain so if we focus on material factors, or on broad ideological trends. We need to focus on particular elements of modernity unique to Europe, and search for their intellectual origins.