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Financial crisis

Grassroots Economics

The IMF has become little more than an abettor of bad policymaking. To avoid the next meltdown, the IMF must become a global advocacy group. Diplospeak is out; punchy prose and clear policy recommendations are in.

Manchurian Paradox

The America-China symbiosis cannot be overstated. Beijing’s willingness to buy U.S. debt allowed us to live on credit, while our purchase of Chinese goods propelled their meteoric rise. But as the financial markets have soured, some in the United

Putin's Third Way

With the rise in oil prices and a conservative fiscal policy, Russia turned from a debtor nation into an economic powerhouse, creating a compromise between the excesses of the free market and the inefficiencies of a command economy

Frog in the Pot: Germany's Path to the Japan Syndrome

Japan's economic troubles aries from four interwoven causes, three of which are now extant in Germany--with major security implications for the United States.

Another Year of Living Dangerously?

Indonesia's crisis could cause the strategic upending of Southeast Asia. American policymakers may need to act quickly and wisely to prevent a security nightmare.

Commentary

No-Consequences Government

The financial crisis isn’t just about economics. Since gaining superpower status, we’ve become reckless and arrogant at home and abroad. Americans have lost trust in their government, and for good reason.

The Financialization of Foreign Policy

The role of finance in international relations is growing. Washington should take note of this changing reality and more effectively integrate economics into its grand strategy.

Books & Reviews

Shaking the Invisible Hand

The chances of another cycle of optimism, overconfidence, hubris, panic and a long period of pessimism are high.

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February 12, 2012