Over the last five years, South Koreans have worried that their economy has slipped deeper into stagnation. Growth rates have hovered between 2 and 3 percent. Consumer spending is weak, and household debt has risen to record levels. Because global demand has fallen, the world is not buying Korean exports as eagerly as before. This… Continue reading Can Korea Save the Global Economy
The economy, we have been taught, is a cat with considerably more than nine lives. The bottom might drop out of the stock market, but it will rebound — again and again. The Chinese were on top of the world, economically, for a thousand years or more, but then the colonial powers cut the country… Continue reading YOLO Economics
If the number of eager applicants on a waiting list determines the strength of a club, then the North Atlantic Treaty Organization (NATO) is in fine fettle. At its most recent gathering in July, NATO welcomed its 29th member — Montenegro — which means that the alliance now outnumbers the European Union. Nearby Macedonia has… Continue reading NATO’s Expiration Date
The history of political parties is rather boring. Not much has changed since the French Revolution, which produced the the terms “Left” and “Right” to reflect where people sat in the National Assembly. The early 20th century saw the rise of Communist parties on the far left. Shortly later, fascist parties began to emerge on… Continue reading Trump and the Transformation of Politics
Here at Emergency Travel Services, we believe that it’s never too early to plan your vacation. Or your emigration. Based on the latest polls, most of you are confident that Donald Trump won’t be elected president in November. If the election were held today, according to statistician Nate Silver, Trump would have about a 12… Continue reading The Globalization of Trump
Donald Trump presents his worldview as fresh and new. He promises to shake up the U.S. foreign policy elite that Hillary Clinton represents. He heaps scorn on the Obama administration’s approach to the Middle East, its failures to engage Russia and North Korea, its woeful neglect of the U.S. military. He wants U.S. allies to… Continue reading Trump: Not the Peace Candidate
You know you’re a wonk when your nighttime reading is as thick as the latest Stephen King novel, but no one in your family is clamoring to borrow your doorstop. Consider, for instance, the Iran nuclear agreement. It’s a mere 159 pages, but it’s full of technical language that requires the parsing of a physicist.… Continue reading Elite Smackdown
It has not been a good month for China. On July 12, an international court of arbitration at The Hague handed the Philippines a huge victory over China in the struggle over the South China Sea. A few days before that, South Korea decided to go forward with the deployment of the US Army’s Terminal… Continue reading China on the Defensive?
Republican presidential candidate Donald Trump has staked out a foreign policy position quite distinct from his opponent, Hillary Clinton. It is not, however, “isolationist” (contra Jeb Bush and many others) or “less aggressively militaristic” (economist Mark Weisbrot in The Hill) or “a jolt of realpolitik” (journalist Simon Jenkins in The Guardian). With all due respect to… Continue reading The Myth of Trump’s Alternative Worldview
The email trove that WikiLeaks released on the eve of the Democratic National Convention has all the hallmarks of a dirty tricks campaign. The messages reveal, among other things, that the Democratic National Committee tried its best to tilt the electoral playing field in favor of Hillary Clinton. For anyone who has had even the… Continue reading Russia Hacks the World
News of the military coup in Turkey was dribbling in on Saturday afternoon when I was having lunch with a group of six friends in West Virginia. Suddenly, one person looked up from her salad and said, “If Trump gets elected, I’d support a military coup in this country.” At least one other person at… Continue reading The Surprising Popularity of Military Coups
Every era has its representative figure. The Neolithic era had the Farmer. The avatar of the Middle Ages was the Monk, bent over an illuminated manuscript. For the period before and after 1492, the Explorer captured the global imagination. During the Industrial Revolution, the Worker embodied the age of manufacturing. And now we have the… Continue reading The Gunman
It’s the morning after. The British have woken up, dazed and woozy. They’re not exactly sure what happened a few days ago. But one thing is clear: Their political environment is a shambles. Some things are mysteriously missing, like leadership and a whole lot of money ($3 trillion from the stock market). Other things are… Continue reading The Hangover (British Version)
The voters vowed to take their revenge at the polls. They’d missed out on the country’s vaunted prosperity. They were disgusted with the liberal direction of the previous administration. They were anti-abortion and pro-religion. They were suspicious of immigrants, haughty intellectuals, and intrusive international institutions. And they very much wanted to make their nation great… Continue reading Donald Trump and America B
This week might represent the beginning of the end for international cooperation. All the treaties, alliances, and unions that have incrementally strengthened the ties between nations over the last several centuries have suddenly been revealed as a house of cards, which a wayward puff of air known as Brexit might suddenly blow away. Surely this… Continue reading Brexit: Farewell Internationalism?
The Islamic State has claimed responsibility for the recent tragedy that left 49 dead at a gay bar in Orlando. The shooter, Omar Mateen, declared his allegiance to ISIS in a 911 call he made during the massacre. President Obama and much of the news media have declared the worst mass shooting in modern U.S.… Continue reading Orlando and the Future of Terrorism
Venezuela is at the mercy of its fluids. For a country that depends on oil for 95 percent of its exports, the prolonged drop in the price of crude has been a serious financial blow. If nothing else, though, Venezuela should be able to use its oil resources to keep the lights on and the… Continue reading A Failed State in Latin America
Of all the accomplishments and disappointments of the Obama presidency, his nuclear weapons policy is the greatest. Yes, you read that correctly. Obama’s approach to nukes will be his most significant legacy as well as his most salient failure. Obama promised “hope and change” in 2007. The paradox of his nuclear weapons policy is that… Continue reading Obama’s Nuclear Paradox
In poker, a wild card can add to the fun of the game. But it throws off the odds and makes the hands more unpredictable. That’s why poker purists prefer to keep jokers and other wild cards out of the deck. In American politics, the presidential primaries usually function as a vetting process to remove… Continue reading Donald Trump: Joker’s Wild
North Korea has had a relatively short and somewhat complicated relationship with the countries of the Gulf Cooperation Council (GCC). In the period after the Korean War, when North and South Korea were engaged in a bout of diplomatic one-upmanship to see which could gain the most embassies around the world, Pyongyang largely steered clear… Continue reading North Korea and the GCC
The targeted assassination of Taliban leader Mullah Akhtar Mohammad Mansour last weekend wasn’t just another drone strike. First of all, it was conducted by the U.S. military, not the CIA, which has orchestrated nearly all drone strikes in Pakistan. Second, it didn’t take place in Afghanistan or in the so-called lawless tribal region of Pakistan… Continue reading Drones and Blowback
If foreign policy had a soundtrack, it would be the opposite of easy listening. Really, could anyone listen to a symphony of war and peace all the way through? In the first movement — devoted to death and destruction and played presto and fortissimo — the electric guitarists step to the front of the orchestra… Continue reading The Music of Hopelessness
Even his own sister was mortified. In the recent mayoral race in London, the Conservative Party’s Zac Goldsmith was in many ways the perfect candidate: a young, handsome fellow who possessed full-spectrum appeal. To win the election, Goldsmith could have focused on all the work he’d done on the environment, as a journalist and former… Continue reading The End of Islamophobia
The street protests of the Arab Spring happened largely because of disgruntled youth. The unemployment rate for young people in the Middle East and North Africa verged on the catastrophic in 2012: 42 percent for Tunisia and 38 percent for Egypt. Moreover, the rates had shot up significantly since 2010, so it seemed as though… Continue reading Korea’s Next Generation
The final of the World Snooker Championship took place this week in Sheffield, the hardscrabble town in England’s north perhaps best known as the setting for the movie The Full Monte. Sheffield is a former industrial center so snookered by globalization that the laid-off steel workers in that 1997 film decide to become male strippers… Continue reading Making China Great Again
An extreme weather event hits Norway. Finally shocked into doing something radical about climate change, Norwegian citizens propel the Green Party into government, where it declares an immediate suspension of oil and gas production. The new prime minister promises to provide Europe instead with electricity from the next generation of “clean” nuclear power. The European… Continue reading Big Oil Isn’t Going Down without a Fight
Among the Kwakiutl and several other indigenous cultures of the Pacific Northwest, the potlatch was a ritual of hospitality. The host would invite guests to a big feast and then distribute gifts. The distribution was a way of demonstrating the host’s status: the more significant the gifts, the more important the host. Think: swag bags… Continue reading The Pentagon’s Potlatch
In 1954, a single book destroyed the popular notion that children are innocent souls. In that book, a plane of such innocent souls crashes on a deserted island. There, in a paradise of coral and coconuts and wild pigs, the survivors soon revert to a state of nature. But such a state, author William Golding… Continue reading The Children’s Crusade
In the initial aftermath of the U.S. invasion of Iraq, looters swept through the National Museum in Baghdad and carted off 15,000 items of incalculable value. Some of these items were destroyed in the attempt to spirit them away. Some disappeared into the vortex of the underground art market. Only half of the items were… Continue reading Iraq’s Artifacts of Exile
The future of Europe is being decided this week in the Netherlands. Perhaps you thought that the European Union’s fate would be voted up or down in June, when the United Kingdom holds its referendum on continued membership. The “leave now” constituency in the UK currently holds a four-point lead, though much depends on whether… Continue reading Ukraine and Europe: Much Depends on the Dutch