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December 14, 2015

United States
Ten Whats With...Michael Horowitz

Michael C. Horowitz is an associate professor of political science at the University of Pennsylvania and the associate director of Penn’s Perry World House. His research interests include leadership,…

Why Leaders Fight Blog

November 11, 2008

Financial Markets
Give me yield, give me leverage, give me return

“Give me yield, give me leverage, give me return” perfectly sums up how Wall Street bought itself close to financial ruin. JP Morgan’s William Winters didn’t just create help to create CDOs. H…

Give me yield, give me leverage, give me return

July 21, 2005

China shifts to a basket peg

But the change against the dollar is small.  Very small. Too small in my view to have much of an economic impact, in any way.  On trade flows.  Or on capital flows.  I would still bet on a furth…

February 27, 2006

Financial Markets
A butterfly flapped its wings in Iceland …

If you read the financial press closely, it was hard not to learn a bit about the Icelandic krona over the past week.   The krona pays a high interest rate, you see - enabling Iceland to attract the …

June 24, 2011

United States
Libya: "Justifications" for Intervention

Rebels fighters are reflected on a side mirror at the front line in Ajdabiyah June 22, 2011. REUTERS/Mohamed Abd El-Ghany As anyone who reads this blog probably knows, I have been a critic of the U…

Libya: "Justifications" for Intervention