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Timeless stories from our 170-year archive handpicked to speak to the news of the day.
American business meets its new master
From The Twilight of Human Rights Law, by Eric A. Posner, out next month from Oxford University Press. Posner is a professor at the University of Chicago Law School. Amarildo…
The ferocity and failure of America’s sanctions apparatus
It’s rare, in economics as in life, to get a second chance. Though economists are constantly learning lessons from past mistakes, seldom are there obvious opportunities to apply them. The…
Debt forgiveness is one of the most important innovations of modern capitalism, but it is a fairly recent one. Though the Constitution gives Congress explicit authority to enact “uniform Laws…
And the rebirth of nationalism
Notes on the Washington Consensus
The World Bank/IMF takeover in four easy steps