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Currency

Commentary

China and the Blame Game

American politicians are quick to point the finger at China, but the roots U.S. economic problems are closer to home.

Europe's Problem Is the Euro

Why Germany deserves some of the blame for Europe's economic crisis.

Ten Illusions Shattered in 2011

2011 was a tough taskmaster for the pretensions that permeate international affairs. At least ten were knocked asunder.

Essays

A Critique of Pure Gold

The gold standard is making a comeback! Tea partiers looking to push the government out of the monetary-policy-making business would have all of us carting bullion-laden trolleys to the grocery store.

Mr. Bernanke Goes to War

Finance ministers around the world are up in arms over the Fed's latest efforts to jump-start the anemic U.S. economy. The future of globalization hangs in the balance.

Fixing the IMF

A proposal to reinvent a troubled but vital institution.

Russia's Crisis, America's Complicity

The appointment of the Primakov government in September reflects profound changes in Russian politics, some of which have serious implications for the United States.

America and the Euro Gamble

As the American foreign policy establishment has been preoccupied an event of much greater long-term significance has received scant attention.

Europe on the Brink: Democratic Values and the Single Currency

The EU is not democratic. Neither the EC, nor the Council of Ministers, nor the European Central Bank is democratically accountable; and they cannot be made so, because Europe is not a nation.

Blogs

The End of Socialist Greece

As Greece falls, so too does the dream of a Europe that could stand toe to toe with America.

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 13, 2012