The Economist - USA (2019-12-07)

(Antfer) #1
© 2019TheEconomistNewspaperLimited.Allrightsreserved.Neitherthispublicationnoranypartofit maybereproduced,storedina retrievalsystem,ortransmittedinanyformorbyanymeans,electronic,mechanical,photocopying,
recording or otherwise, without the prior permission of The Economist Newspaper Limited. The Economist(ISSN 0013-0613) is published every week, except for a year-end double issue, by The Economist Newspaper Limited, 750 3rd
Avenue, 5th Floor New York, NY 10017. The Economist is a registered trademark of The Economist Newspaper Limited. Periodicals postage paid at New York, NYand additional mailing offices. Postmaster: Send address changes to The
Economist, P.O. Box 46978, St. Louis, MO 63146-6978, USA. Canada Post publications mail (Canadian distribution) sales agreement no. 40012331. Return undeliverable Canadian addresses to The Economist, PO Box 7258 STN A, Toronto,
ON M5W 1X9. GST R123236267. Printed by Quad/Graphics, Hartford, WI. 53027

8 Contents The EconomistDecember 7th 2019


PEFC certified
This copy of The Economist
is printed on paper sourced
from sustainably managed
forests certified to PEFC
PEFC/29-31-58 http://www.pefc.org

Please

Subscription service
For our full range of subscription offers, including digital only or print and digital combined, visit:
Economist.com/offers
You can also subscribe by mail, telephone or email:
North America
The Economist Subscription Center,
P.O. Box 46978, St. Louis, MO 63146-
Telephone: +1 800 456 6086
Email: [email protected]
Latin America & Mexico
The Economist Subscription Center,
P.O. Box 46979, St. Louis, MO 63146-
Telephone: +1 636 449 5702
Email: [email protected]

One-year print-only subscription (51 issues):
United States..........................................US $189 (plus tax)
Canada......................................................CA $199 (plus tax)
Latin America.......................................US $325 (plus tax)

PublishedsinceSeptember 1843
totakepartin“aseverecontestbetween
intelligence, which presses forward,
and an unworthy, timid ignorance
obstructing our progress.”
Editorial offices in London and also:
Amsterdam, Beijing, Berlin, Brussels, Cairo,
Chicago, Johannesburg, Madrid, Mexico City,
Moscow, Mumbai, New Delhi, New York, Paris,
San Francisco, São Paulo, Seoul, Shanghai,
Singapore, Tokyo, Washington DC

Volume 433 Number 9172

Europe
49 German politics
50 NATO comes to London
51 France faces huge strikes
51 Turmoil in Malta
52 China and the Czechs
53 Charlemagne The Five
Starsburnout

Britain
54 If the Tories win...
55 ...and if they don’t
56 Rehabilitating terrorists
57 BagehotPants on fire

International
58 PISA results: the parable
of Finland

Business
60 Aramco’s listless IPO
61 Mining Guinea’s iron
mountain
62 Italy’s steel saga
62 China’s cow cash
63 Bartleby How to
Christmas party
64 Alphabet turns a Page
and a Brin
65 Schumpeter Corporate
conquistadors

Finance & economics
67 Scrambled ESG
68 Trumpeting tariffs
69 Transatlantic tax tensions
69 Euro-zone reforms come
a cropper
70 ButtonwoodInvesting in
rehab economies
71 Insurance in Myanmar
71 Which currencies are best?
72 P2P’s perilous punt
73 Free exchangeJapanese
lessons

Science & technology
75 Replacing satellites fast
76 Rome’s timber trade
76 Malaria lingers on
77 Trillion-transistor chip
77 Maternal centipedes
78 Tosavefuel,mimicbirds

Books & arts
79 Books of the year
82 Books by our writers

Economic & financial indicators
84 Statisticson 42 economies

Graphic detail
85 If the Lib Dems surge, they could hurt the Tories as
muchasLabour

Obituary
86 Jonathan Miller, accidental cultural icon
Free download pdf