When asked where he worked, one of my economist friends from the United States answered, “In the belly of the beast.” He…
The history of paper money began with a scandal. When Scottish financier John Law proposed in the early 18th century that…
Russia’s leaders have searched for the proper approach to the revolution in Libya like a person who hopes to find a picture…
At the same time that Russia is marking the 20th anniversary of the collapse of the Soviet Union, the West is beginning…
The United States managed to avert a default, and that is good news. But the partisan battle in Congress sent the stock…
According to blogs and the liberal press, the “blue bucket brigades” are one of the most important activist phenomena in Russia’s still…
On June 1, U.S. Congress rejected a bill to increase the debt limit by $2.4 trillion, delivering a humiliating defeat to President…
A new wave of privatization is getting under way in Russia. Property that until now had been in the hands of the…
In Mikhail Bulgakov’s “The Master and Margarita,” the devil appears as a character named Woland who, when confronted with a man who…
Finnish elections don’t usually make headlines in Europe. But this spring Finnish voters managed to spoil the mood among Brussels bureaucrats and…
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