WORLD

Astounding increases in the danger of nuclear weapons have paralleled provocative foreign policy decisions that needlessly incite tensions between Washington and Moscow. “Today, the danger of some sort of a nuclear catastrophe is greater than it was during the Cold War,” warns William Perry, “and most people are blissfully unaware of this danger.”
The Euro is murdering the nations and economies of the EU quite literally. Since the fixed currency regime came into effect, replacing national currencies in transactions in 2002, the fixed exchange rate regime has devastated industry in the periphery states of the 19 Euro members while giving disproportionate benefit to Germany. The consequence has been a little-noted industrial contraction and…
A fraudulent campaign has resulted in the election of a fraudulent president. What can be done to save American democracy? The recent presidential campaign season brought political pornography to the American people. Donald Trump and Steve Bannon, his senior counselor and chief strategist, have ushered in a new dark age of American politics.  
The ECB’s increasingly shrill mantra that it makes policy for the monetary union as a whole and not for its largest member (Germany) could well cause a black swan to appear — in the form of a German political shock this autumn. The Frankfurt-based officials have been ignoring the historical observation of Nobel Prize-winning economist Robert Mundell that central banks…
As Murray Rothbard often emphasized, the free market and a peaceful foreign policy are indispensable partners. We cannot maintain a free market if the government engages in a bellicose foreign policy. A powerful and aggressive state constantly engaged in war requires vast resources to sustain it, and “military socialism” is an all-too-present reality.
For leftist critics of the EU, reform looks unlikely — but aligning with right-wing Euroskeptics looks worse. Maybe there's a third option. When European Union President Jean-Claude Juncker addressed the European Parliament in Strasbourg this past September, he told them the organization was facing an “existential crisis.” In part, he blamed “national governments so weakened by the forces of populism”…
We are accustomed to looking at Europe’s woes in a purely financial context. This is a mistake, because it misses the real reasons why the EU will fail and not survive the next financial crisis. We normally survive financial crises, thanks to the successful actions of central banks as lenders of last resort. However, the origins and construction of both…
Yanomami is a tribe who lives on the border between Brazil and Venezouela. They are a group of 35.000 people. They live in villages in the Amazon rainforest.
Can the EU still unite a continent shattered by world wars, or is it little more than a vehicle for austerity capitalism? The European Union is one of the premier trade organizations on the planet, with a collective GDP that surpasses the world’s largest national economies. But it’s far more than a trade group. It’s also a banker, a judicial…
After the Cold War ended, many of the safeguards preventing war between Russia and the West have been allowed to lapse. “Aggressive,” “revanchist,” “swaggering”: These are just some of the adjectives the mainstream press and leading U.S. and European political figures are routinely inserting before the words “Russia,” or “Vladimir Putin.” It is a vocabulary most Americans have not seen…

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