What Lehman Brothers’ Failure Means Today

The standard story about the September 2008 collapse of Lehman Brothers is that it led to a deeper understanding of the risks of financial complexity and free-wheeling capitalism. In fact, the ensuing crises in the US, Europe, and elsewhere were more a product of broader changes in twenty-first-century politics and society. Read Here – Project […]

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The Man Who Actually Runs Iran’s Foreign Policy

Over the past two years, however, Zarif’s power has dramatically waned. Although he has continued his speaking tours in the West, he has been supplanted on the regional policy portfolios that most matter to Tehran—including Iran’s presence in Iraq, Syria, and Yemen—by a quieter but far more influential figure: Ali Akbar Velayati, the longtime foreign-policy […]

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Rethinking Belt-And-Road Debt

More than 75 nations participate in China’s Belt and Road Initiative, launched in 2013 to develop trade and connect Asia, Africa, the Middle East and Europe with ports, roads and railways. But some countries worry about adding to already heavy debt burdens, and some projects have become an issue in local politics. Among the most […]

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Huntington’s Legacy

Since Samuel Huntington’s Clash of Civilizations has been contrasted with my own End of History in countless introductory International Relations classes over the past two decades, I might as well begin by tackling at the outset the issue of how we’re doing vis-à-vis one another. At the moment, it looks like Huntington is winning, writes Francis Fukuyama. Read Here – The […]

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Why The U.S. Economy Is Having A Boom

Why is this boom happening? That’s an almost impossible question to answer. Fundamentally, economists don’t know why booms happen. It’s possible that there’s not even such a thing as a “boom” at all — that this is just how the economy works under normal circumstances, when there isn’t a recession or crisis to throw it off […]

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