What Trade Deals Are Good For

A logical implication of the externality argument is that trade agreements lead to freer trade.  Some have equated this with the argument for free trade, but the arguments are quite distinct. The case for free trade rests on strong assumptions that may or may not be reasonable. Read Here – Harvard Business Review

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Iran’s New And Dangerous Moment

Critics of the Iran deal have focused on the likelihood that Tehran will cheat its way to obtaining a nuclear weapons capability. They note that Iran is already guilty of minor violations of the agreement, without promoting a reaction either by the United States or its other negotiating partners. Read Here – The National Interest

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How Long Can A Country With Less Than 5 Percent Of The World’s Population Continue To Be The Dominant Power?

Ever since the end of the Cold War, the overwhelming power of the U.S. military has been the central fact of international politics. However, in three crucial regions—Europe, the Middle East and East Asia—America’s rivals have begun to test its resolve to use this power. Faced with serious security challenges in all three regions, the […]

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