Monday, December 26, 2016
  1. World Affairs

    When Leaders Are True to Their Lies

    Ricardo Hausmann
    World Affairs

    When Leaders Are True to Their Lies

    20

     worries that US President-elect Donald Trump actually believes his campaign rhetoric on trade.

    Chavez and Trump Anadolu Agency/ Getty Images

    All governments lie, and some even believe their own lies; but things get dangerous when a government acts in order to be true to its lies. This is the trap into which the Venezuelan government has fallen, and it seems to be the logic behind the incoming Trump administration's apparent determination to withdraw from NAFTA. READ MORE

  2. World Affairs

    Aleppo’s Sobering Lessons

    Richard N. Haass
    World Affairs

    Aleppo’s Sobering Lessons

    25

     says that anyone engaging Syria with limited will and limited means must set limited goals.

    Aleppo Syria George Ourfalian/Stringer

    The fall of Aleppo to forces loyal to Syrian President Bashar al-Assad is neither the end of the beginning nor the beginning of the end of Syria’s long civil war. It merely shows that those who engage Syria with limited will and limited means must set limited goals if they are to accomplish even a limited amount of good. READ MORE

  3. Economics

    The Crisis of Market Fundamentalism

    Anatole Kaletsky
    Economics

    The Crisis of Market Fundamentalism

    39

     views the political upheavals of 2016 through the lens of previous capitalist breakdowns.

    Trump Spencer Platt/Getty Images

    When a particular model of capitalism is working successfully, material progress relieves political pressures. But, as we saw in 2016, when the economy fails – and the failure is not just a transient phase but a symptom of deep contradictions – capitalism’s disruptive social side effects can turn politically toxic. READ MORE

  4. World Affairs

    Russia’s Hybrid War Against the West

    Guy Verhofstadt
    World Affairs

    Russia’s Hybrid War Against the West

    14

     urges Europe to strengthen its defenses against Russian electoral meddling, before it's too late.

    NATO Stratcom Ilmars Znotins/Stringer

    As Russian President Vladimir Putin made plain during the US election campaign, the Kremlin is no longer playing by the rules that applied even during the darkest days of the Cold War. With voters heading to the polls in France, Germany, and the Netherlands in 2017, Europe faces a threat that it is only just beginning to comprehend. READ MORE

  5. Economics

    Economists versus the Economy

    Robert Skidelsky
    Economics

    Economists versus the Economy

    27

     thinks the discipline should require much more than aptitude for formal mathematical models.

    Mathematics PeopleImages/Getty Images

    If you believe that economies are like machines, you will likely view economic problems as essentially problems of mathematics. But the great economists throughout history, such as John Maynard Keynes and Joseph Schumpeter, have always understood that an approach emphasizing formal precision has severe limitations. READ MORE

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