Enrique Sanz

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How The Lack of A Victory Celebration 26 Years Ago Today Conjured President Trump

On Christmas Day 26 years ago — December 25, 1991 — the Soviet Union peacefully dissolved itself, thus ending the Cold War. With that event the narrative in which the whole world had lived since the end of World War II also dissolved.<p>World War II ended with a bang — two of them, actually, Hiroshima …

Times Square

Don’t blame globalisation for poverty

Provided corruption is kept in check and governance improves in the developing world, free trade can benefit everybody, even the world’s poorest people<p>Two hundred and forty years ago, Adam Smith published one of the most important texts ever written. The Wealth of Nations set out his vision of free …

Economics

Why You Should Ignore Your Gut Feelings About Free Trade

Many Americans across the political spectrum find protectionist appeals to be deeply satisfying. Supporters of Donald Trump have responded to his …

Globalization

Scientists finally know what stopped Mongol hordes from conquering Europe

The khan's ruthless tactics and loyal horde swept across Asia. One territory after another fell under the overwhelming force of the Mongol Empire, which would eventually stretch from the eastern shores of China. A series of successful forays in Hungary and Poland made even Europe seem within reach …

World History
Economics
Middle-class

BERNANKE: Helicopter money could work, but I see 2 big problems

<i>"The deflation speech saddled me with the nickname 'Helicopter Ben.' In a discussion of hypothetical possibilities for combating deflation I mentioned an extreme tactic—a broad-based tax cut combined with money creation by the central bank to finance the cut. Milton Friedman had dubbed the approach</i> …

Central Banks

The Case for Free Trade Is Weaker Than You Think

If workers lose their jobs to imports and central banks can’t bolster domestic spending enough to re-employ them, a country may be worse off, Greg Ip explains<p>Economists disagree on plenty, but they’re pretty much unanimous that free trade is good and protectionism is bad. Elite opinion among …

Economy

Let’s end America’s hopeless war for the Middle East

A hundred years ago, the armies of World War I fought to a bloody stalemate on the Western Front and desperately searched for ways to break it and …

I’m done with Bernie Sanders: Why this democratic socialist is voting for Hillary Clinton

Bernie’s not a more progressive choice, just a different one. The more I compare the two, the less I feel the Bern<p>I’ve been a personal fan of Senator Bernie Sanders since my political awakening in college. I was raised in an evangelical Republican household and fed a diet of capitalist ideology for …

Middle-class

The Holy Roman Empire by Peter H Wilson review – Europe from Charlemagne to Ukip

The empire at the heart of Europe for nearly a thousand years was much like the EU, with its Byzantine complexity, a reliance on fudge, inequalities and multiple identities – but it worked<p>When the Holy Roman Emperor Charles V besieged Metz in 1522 the city taunted him with a banner emblazoned with …

World History
Economics

Seven Steps To Keep Donald Trump And European Populists Out Of Power

Donald Trump keeps winning Republican Party primaries. He is the favorite to take the GOP presidential nomination. More important, he could be America’s next president.<p>The public symbol of American liberty and exceptionalism. The international exponent of American principles and values. The world’s …

Political Science
Income Inequality

“The Islamic State would not be with us today if the United States hadn’t invaded Iraq”: Islam, religion, and the interview Donald Trump and Ted Cruz must read now

Simple-minded analysis of religion, history and our challenge in the Middle East leads to the wrong policy choices<p>At approximately 9:40 p.m., on Nov. 13, 2015, three heavily armed gunmen stormed into the Bataclan theater in Paris and began killing people at random. According to some of the …

Political Science

Trump’s and Sanders’s dangerous revolt against free trade

Of the many dangerous trends in the 2016 election, the revolt against free trade that has captured both parties could do the most long-term damage. That’s because protectionism would undermine future growth of the U.S. economy and subvert the nation’s role as global leader.<p>Globalization has …

Globalization

Where did it all go wrong for Turkey?

It was hailed as the democracy in the Middle East that would be an example to the Arab world – but more than a decade later it has come to look like the Arab dictatorships it abhorred<p>In a corner of Istanbul’s famous Istiklal avenue one cold January evening, a small café slowly filled up with smoke …

The 'war on terror' isn't working

Here's a question that ought to be at the center of the presidential campaign, but has been strangely absent: What strategy should the United States pursue to counter the problem posed by violent radical Islam?<p>Sure, several candidates vow, if elected, to escalate the ongoing military campaign …

How the 2016 election undermines Fukuyama's "end of history" argument - Vox

This presidential campaign is more than a shitshow, an authoritarian fit, or a clash between the identity politics of socially isolated white people and socially overstimulated snake people. It is also looking increasingly like a refutation of one of the more provocative and influential political …

Political Science

Democracy in retreat

AFTER THE Cold War it seemed that democracy was spreading, dictatorships were tumbling and capitalism ascendant. Today, democracy is in retreat. Liberal values such as transparency, rule of law, accountability and respect for human dignity are being widely trampled. Autocrats and even some Western …

Political Science
Middle East
Geopolitics
Economics

If you're poor in another country, this is the scariest thing Bernie Sanders has said

In a new interview with the New York Daily News, Bernie Sanders said something striking — he basically doesn't think the US should be trading very much at all with countries where wages are much lower than its own.<p>"You have to have standards," the senator said. "And what fair trade means to say …

Globalization

The hidden economics behind the rise of Donald Trump

Branko Milanovic looks at the big picture.<p>During his dozen years as chief economist of the World Bank’s Research Department, he focused on making sense of the all-important economic question that many economists, paradoxically, seem uninterested in: How are people doing?<p>It’s a deceptively difficult …

Economics

Is there a link between free trade and war?

People who have read my posts in the past two years might have noticed that I discussed several times the origins of World War I (here and here and …

Donald Trump could get the nuclear codes: How anti-intellectualism is killing American democracy

Only in a country where inequality is skyrocketing and corporate media runs amok could this happen<p>Following Donald Trump’s landslide victory in Nevada, Etan Cohen, writer of the cult-classic movie "Idiocracy" -- which tells the story of a future United States that has been devoured by stupidity, …

Political Science

It’s the Global Economy, Stupid

When the dust clears on the 14 presidential contests on March 1, it is a good bet that none of the candidates will have adequately talked about a …

Bernie Sanders

The art of craft shopping in India

Craft traditions are in decline in India but artisan textiles can still be found if you know where to look, says the creative director of Toast, who goes on a treasure hunt from Kolkata to Rajasthan<p>In the warm Kolkata night we join the longest, widest queue I’ve ever encountered. Tributary streams …

Art Deco