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September 14, 2018

Financial Markets
The Dangerous Myth We Still Believe About the Lehman Brothers Bust

The new consensus about the cause of the 2008 financial crisis is seductive — and misleading. Sebastian Mallaby presents an alternative opinion.

A street sign for Wall Street is seen outside the New York Stock Exchange (NYSE) in Manhattan, New York City.

November 15, 2018

United States
Presidents and War Powers

PDF Version. A review of Michael Beschloss, “Presidents of War” (Crown Books, 2018).  *** The U.S. Constitution vests the president with “executive power” and provides that “The President sh…

Lectern with presidential seal

August 14, 2018

United States
The Unconstrained Presidency: Checks and Balances Eroded Long Before Trump

This article was originally published in Foreign Affairs.  In the age of Donald Trump, it often feels as though one individual has the power to chart the United States’ course in the world all by …