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26 January 2026

The Davos Crowd Gets the World Wrong Again

Tyler Cowen

Tyler Cowen is Holbert L. Harris Professor of Economics at George Mason University and also faculty director of the Mercatus Center. He received his PhD in economics from Harvard University in 1987. His book The Great Stagnation: How America Ate the Low-Hanging Fruit of Modern History, Got Sick, and Will (Eventually) Feel Better was a New

The big story from Davos is that globalization is in swift retreat. And that may well be what the insiders are saying to each other in speeches and at exclusive private parties. From the world outside the peaks of Switzerland, though, what I am seeing is that globalization, all things considered, is likely accelerating.

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