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December 7, 2018

Financial Markets
Let the Sun Shine In on the Art Business

Subjective pricing and a tradition of anonymity make it attractive to money launderers.

The Cobbler by Jean Discart at Sotheby's auction house in London on April 20.

November 29, 2018

Cybersecurity
The U.S. Leans on Private Firms to Expose Foreign Hackers

When the Democratic National Committee realized they had been hacked in April 2016, they turned to experts from a private company: the cybersecurity firm CrowdStrike. Within a day, the company had id…

The U.S. White House

October 25, 2018

Iran
Iran Is a Threat to the Banking System

At many banks, Nov. 5 will be a scary day. That’s when broad U.S. sanctions are set to be re-imposed on Iran, thereby placing new pressure on its struggling economy and increasing the regime’s desper…

Keep it clean

October 8, 2018

United States
The White House National Cyber Strategy: Continuity with a Hint of Hyperbole

There seems to be a general consensus that the White House's new cyber strategy is a continuation of existing policy. However, the us-versus-them approach the strategy takes could pose a problem. 

The White House

June 12, 2018

Palestinian Territories
Prince William (and the Foreign Office) in Jerusalem

I’ve written many times about the British royal family’s remarkable record of refusing to make an official visit to Israel while making scores of visits to Arab capitals. That will change in a matter…

January 17, 2019

Public Health Threats and Pandemics
The U.S. Opioid Epidemic

Opioid addiction in the United States has reached epidemic proportions, threatening not only public health but economic output and national security.

A man uses heroin under a bridge where he lives with other addicts in Philadelphia, Pennsylvania.

January 15, 2019

World Order
The Liberal Order Is Dying. What Comes Next?

Donald J. Trump's tenure as president of the United States has had profound on the liberal order, some easy to predict and others less so. 

Theresa May, Angela Merkel, and Donald J. Trump pose for a family photo at the G7 summit.

January 14, 2019

Afghanistan War
Agonizing Over Afghanistan

The United States should avoid a rapid, unconditional exit from Afghanistan but also minimize the costs of staying.

Afghanistan

September 25, 2018

United States
“Russia is the first instance of a socialist economy in action. And it works!” My transcription of an H.D. White essay.

“Political Economic Int. of Future,” by Harry Dexter White (c.1944) In 2013, I published an historical narrative entitled The Battle of Bretton Woods: John Maynard Keynes, Harry Dex…

Essay First Page

January 11, 2019

South Africa
Reconciling the South African Military’s Mission With Its Budget

There is mismatch between what the government asks and expects South African National Defense Forces (SANDF) to do and the money allocated to carry out its missions. The SANDF budget declined again for this fiscal year and stands at only around 1 percent of GDP. (By contrast, the budget for education is just under 5 percent of GDP.) 

South-Africa-SANDF-Military-CAR-Bangui