Nigeria’s former Minister of Finance (2015-2018), Kemi Adeosun threw in her letter of resignation on Friday, September 14, to bring to a temporary closure, the public outcry and the embarrassment that her possession of a fake National Youth Service Corps Exemption Certificate had generated since July when it was first reported. Her letter of resignation in which she blames “trusted associates” for the mishap and explains her innocence, reads like the abstract of a future memoir in which she is likely to do her utmost best to ensure that her non-participation in the NYSC scheme does not become the defining…

Last fall, on the campus of Johns Hopkins University, where I serve as president, I happened to overhear a conversation among a group of students. One student was telling the others that he had decided not to enroll in an introductory philosophy course that he had sampled during the “add/drop” period at the start of the semester. The demands of his major, he said, meant that he needed to take “practical” courses. With an exaggerated sigh, he mused that “enlightenment” would simply have to wait. For now, employability was paramount. What can you do? His friends shrugged. You gotta get…

Nigerian officials like to tell a story about the telecoms revolution that began in Nigeria in 2001. It involves how Vodafone, the British telecoms giant, had been offered the chance to enter Nigeria’s nascent market on the cheap. The mobile phone company considered Nigeria a risk not worth taking and passed on the opportunity. In the end, MTN, a younger, smaller rival from South Africa, and a couple of other operators took a chance on the country in an auction where they each paid $285m for a license. To say that their bets paid off spectacularly will be a gross…

For most critics of globalization, trade is the villain, responsible for deepening inequality and rising economic insecurity among workers. This is the logic driving support for US President Donald Trump’s escalating tariffs. Why, then, does the message resonate far beyond the United States, and even the advanced economies, to include workers in many of the developing countries that are typically portrayed as globalization’s main beneficiaries? Free trade is hardly the only – or even primary – source of inequality and insecurity worldwide. Surprisingly, one enduring problem that provokes far less popular backlash is that finance continues to dominate the world…