The Operatic Life of Richard Nixon

On this, the 100th birthday of Richard Nixon, the slogan from his first campaign for Congress is the salient fact: “One of us.” His dreams were ours — and so, in the end, were his sins. The life of no president says more about this country. Nixon’s accomplishments sing of the finest American attributes — […]

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The New Mercantilist Challenge

The history of economics is largely a struggle between two opposing schools of thought, “liberalism” and “mercantilism.” Economic liberalism, with its emphasis on private entrepreneurship and free markets, is today’s dominant doctrine. But its intellectual victory has blinded us to the great appeal – and frequent success – of mercantilist practices. In fact, mercantilism remains […]

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Does Israel Have a Corruption Problem?

Last month, Israel‘s attorney general, Yehuda Weinstein, announced that he was closing a 12-year investigation into Avigdor Lieberman, who until mid-December was the country’s foreign minister. The investigation focused on the suspicion that the minister had used foreign corporations with fictitious owners to hide private funds that he had received while in office. “If brought […]

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Japan Explores War Scenarios with China

As Japan’s Liberal Democratic Party national defense task force announced on Jan. 8 that it would increase the nation’s defense budget by more than 100 billion yen ($1.15 billion), three of five scenarios explored by the defense ministry recently involve the Self-Defense Forces squaring off against the People’s Liberation Army (PLA). While contingencies involving North Korea’s ballistic […]

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The U.K. and the EU: Irreconcilable Differences?

The European Union is a remarkable achievement that now faces its most threatening crisis. The reason for both is the same: Its insistence through the years on combining ambition and ambiguity. Theoretically dedicated from the outset to “ever-closer union,” member governments never settled on what that might mean, or bothered too much about whether their citizens would […]

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India-Pakistan Dialogue Must Continue

The validity of our strategic objectives towards Pakistan should not be allowed to be distorted by any jingoistic reaction to the incident in Jammu & Kashmir on January 8, 2013, in which two Indian soldiers were killed well inside Indian territory by a Pakistani Army group and where one of them was allegedly decapitated. While Pakistan has […]

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China’s New Leaders Seek To Present A Friendlier Public Face, But Oppose Bold New Demands For Democratic Reform

ON JANUARY 2nd front pages of many Chinese newspapers carried identical headlines. “Greater political courage”, they proclaimed, was needed in the execution of reforms. But even as they try to signal their openness to change, China’s new leaders are nervous of demands that they move faster to loosen the Communist Party’s grip. Most worryingly for […]

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Spengler’s Ominous Prophecy

A QUESTION haunts America: Is it in decline on the world scene? Foreign-policy discourse is filled with commentary declaring that it is. Some—Parag Khanna’s work comes to mind—suggests the decline is the product of forces beyond America’s control. Others—Yale’s Paul Kennedy included—contend that America has fostered, at least partially, its own decline through “imperial overstretch” […]

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The Great (British) Aid Mystery

One of the more bizarre mysteries of contemporary British politics is the ironclad, almost fanatical intensity of the government’s commitment to foreign aid spending and the activities of DFID, the Department for International Development. It is bizarre because the Prime Minister talks about foreign aid as if it’s all about famine relief and saving children’s […]

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China Will Become a More “Normal” Economy

2013 will be remembered as the year China became a more “normal economy”. What does normality mean for China? Soon-to-depart Premier Wen Jiabao’s oft-cited quote that China’s growth is “unbalanced, unsustainable and uncoordinated” is a good place to start. China was an abnormal economy with its state-led capitalist approach that produced double-digit growth rates, no […]

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