Word: economice
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The lecture, titled "Past as Prologue – FDR, Obama, & the Perils of First Year Politics," seeks to draw comparisons between President Roosevelt's first years in office and the beginning of President Obama's first term. As Curtis Roosevelt explains, "President Roosevelt [Class of 1904] was elected at...
The European Union was initially hailed throughout the world as “the European miracle,” a triumph for supranational organizations and international unity. Banded together in a monetary and trade-based union, the EU experienced rapidly rising living conditions and surprisingly harmonious relations. The last few...
Basic macroeconomics teaches that fiscal and monetary policy are related; therefore, governments and central banks must sometimes be able to take wide-ranging action on both during crises. As George Soros wrote in the Financial Times on Monday, “When the financial system is in danger of collapsing...
Now, richer member states are understandably hesitant to bail out their flailing colleagues, hesitant at the idea of saving governments that clearly acted as irresponsible economic stewards. Yet they really do not have a choice in the short-term, as any European national failure would absolutely devastate the continent as...
Jundallah draws its recruits from the Baluch, an ethnic group whose historical homeland lies on both sides of Iran and Pakistan's desert border. The group says its aim is to fight for Baluch economic and political rights in Iran's marginalized southwest. But they are set apart from other...