The richest countries climbed to prosperity by methods they now forbid everyone else to use. Hamilton, List, Carey and Polanyi, four economists explained why those methods work and why abandoning them ends badly. There is a story the world’s wealthiest capitals love to tell about themselves. Prosperity, it goes, is the reward for opening your […]

Four years after Washington set out to cripple Russia’s energy economy, America’s war with Iran has forced it to seek relief from the very country it tried to isolate, encircle, and defeat. The Sanctions Strategy Meets Its Limits On October 9, US President Donald Trump announced an extraordinary agreement with Russian President Vladimir Putin: Moscow […]

The United States is bringing its long-standing presence in Iraq to an end—a country whose fate it had shaped since 1980. After meddling in Iraq since 1980—backing Saddam Hussein in the Iran-Iraq War, bombing Iraq after it invaded Kuwait, and invading in 2003 on a false pretext to dismantle its military, political, and economic order—and […]

Marco Rubio’s Athens speech presented American global dominance as the noble defence of Western civilization, but behind the historical scenery lies a cruder political order — restore Western supremacy and make Europe follow Washington. Marco Rubio chose his setting carefully. Standing in Athens, with the Acropolis and the Parthenon behind him, the US Secretary of […]