In this intriguing prequel to his upcoming book, Sebastian Mallaby reveals a new side to controversial former Fed chairman Alan Greenspan. Greenspan was often accused of trusting too much in markets and being blind to the effects of bubbles, but Mallaby shows that Greenspan, in fact, was the man who knew.
Many experts and policymakers had predicted the humanitarian catastrophe that is underway in Aleppo, but no one is willing to intervene. “There is nothing either timely or decisive about the world’s approach to Syria, which has become the theater in which global and regional actors pursue their own goals,” writes Gayle Tzemach Lemmon.
Trade Policy Has Become Politically Unpopular. These Steps Could Help Rehabilitate It. This piece is based on a new CFR discussion paper authored by Edward Alden and Robert E. Litan, titled “A Winning Trade Policy for the United States.”
Tragedies keep occurring in war, despite the best intentions of U.S. troops. Micah Zenko provides recommendations to reduce the inevitable human errors in Syria, Afghanistan, and Iraq that have led to avoidable civilian casualties.
President Obama and his defenders are trumpeting the new aid agreement with Israel as proof that he is the best friend Israel ever had in the White House. In fact, it’s a bad deal and should be treated the same way Obama treated prior agreements he didn't like: It should be forgotten by the next president.
The man most likely to succeed Ayatollah Ali Khamenei as Iran's supreme leader, Ibrahim Raisi, is neither pragmatic nor friendly to the West, writes CFR's Ray Takeyh. Raisi, who heads one of the Islamic Republic's largest charitable foundations, embodies the repressive and revolutionary values of the regime and would continue Iran's transformation into a police state.
New Census data shows promising increases in median household income and the Trans-Pacific Trade Partnership would boost national income. Yet, U.S. politicians disparage rather than celebrate this tangible progress. What happened to American optimism?
North Korea’s accelerating nuclear and missile programs, including its recent nuclear test, pose a grave and expanding threat to security, stability and peace in Asia and the rest of the world. This threat affects close U.S. allies — South Korea and Japan — and U.S. personnel and facilities in the region. In the coming months and years, it will create increasing danger for the United States.
Donald Trump has gotten a lot of well-justified criticism for his paeans to Vladimir Putin, Russia’s anti-American dictator. But Trump isn’t backing down from his effusive praise of Putin, and neither are his supporters. On both foreign and domestic policy there is simply no comparison between the democratically elected president of America and the thug who has seized control of Russia. Putin is not serving Russia’s interests, only his own and those of his crooked cronies and it’s terrifying that Trump sees Putin as an admirable leader, and shameful that his supporters have fallen in line to defend his indefensible views.
Trump is as unready to be commander in chief today as when he started running for president. His comments sound as ignorant and deluded today as they did when Trump started running for the presidency. Only now, he is a lot closer to having life-and-death power over hundreds of millions of people.
Because North Korea thrives in the gap created by Sino-U.S. strategic mistrust and the most dangerous threat to the Kim Jong-un regime’s legitimacy comes from South Korea, the most effective way of conveying to him that his regime’s survival depends on denuclearization would be through coordination of a trilateral strategy among the United States, China, and South Korea., writes CFR Senior Fellow Scott Snyder.
Grand terrorism requires close cooperation with other governments who possess nuclear weapons and materials, writes CFR President Richard N. Haass. Mundane terrorism by its nature is tougher to battle.