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I'll believe it when I see it....
The New York Times and other news agencies are now reporting that China is preparing to get behind the U.S.-led effort to toughen economic sanctions on Iran. The Times'sheadline (in the print version)...
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Whither Europe (and NATO)?
I'm beginning to think that what’s happening in Europe these days is really critical, in the sense that it will have large and lasting ramifications no matter how it turns out. Europeans were feeling...
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Singapore and the U.S.: a tale of two economies
I'm back in Singapore for the first time in nearly two years, and what a difference two years can make. Back in 2009, Singapore was reeling from the after-effects of the global recession, which hit...
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Will the nuclear power industry melt down?
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View ArticleSome sober reading for Memorial Day
If you're relaxing on Memorial Day and reflecting on the sacrifices that some of our fellow citizens have made to advance the common good, I have three suggestions for things to read. All are drawn...
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Can anything save Greece?
About 13 months ago, I returned from a visit to Greece and said I was increasingly pessimistic about prospects for a successful turnaround there. Money quotation (emphasis added): In order to stave...
View ArticleA self-inflicted wound: The budget battle and America's reputation
Remember the 1990s? Back in those days, the U.S. was recognized as the world's sole superpower. Our economy was booming, we ended the decade with a budget surplus, and there was a widespread sense...
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The not-so-great man theory of history
Has it really come to this? That the fate of Europe's economy is in the hands of Silvio Berlusconi, whose career in Italian politics is closer to opera bouffe than responsible statesmanship? Whatever...
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The key to the euro crisis: Economic growth
The struggle to save the euro is beginning to look like a chase scene from an Indiana Jones movie. First, our hero dodges the landslide, then runs from the spear-wielding aborigines, then is surprised...
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Robert Kaplan to the rescue? (updated)
I've never paid much attention to forecasts and analysis from Stratfor, the for-profit strategic analysis firm that was rocked by a cyber-attack in December 2011 that compromised its customer data...
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Will the CATO Institute lose its soul?
In one of my earliest posts on this blog, I argued that America's penchant for counterproductive global interventionism was driven by not one but two imbalances of power. The first was the imbalance...
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Turkish Delight?
My papers are graded and final grades submitted, so I'm off to Istanbul this afternoon to attend the Istanbul World Political Forum. I'll be speaking on two panels -- one on "A New and Just Global...
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'Tell me how this ends': European edition
"Tell me how this ends," David Petraeus famously asked back in 2003, referring to the U.S. war in Iraq. Today, I'd like somebody who knows more about international finance than I do to answer that...
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What the America's Cup tells you about globalization
I was watching some of the America's Cup World Series races going on out in San Francisco, and it occurred to me that the evolution of the Cup is a perfect illustration of globalization at work. Back...
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Beijing bullies the World Bank
Every now and then you read about a seemingly minor incident that illuminates an entire way of thinking about international affairs. And sometimes the harsh light of reality exposes the flaws in a...
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