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Kennan’s Revenge

Earlier this month, Russian President Vladimir Putin announced that gas giant Gazprom would start demanding payment a month in advance for the supplies that it sells to Ukraine. The British…

Free Trade and Costly Love

The World Trade Organization’s ministerial conference in Bali in December produced a modest package of encouragements to global trade. More broadly, the WTO’s multilateral approach has shown its worth by…

The Russian Janus

Russia presents two opposing faces to the world: one menacing, the other benign. Both have now combined, somewhat unexpectedly, to break the momentum carrying the United States, and possibly other…

John Kerry’s Tricky Bid

In Why You Lose at Bridge (the funniest book about bridge ever written), my uncle, S. J. Simon, advised players to aim “not for the best possible result, but the best result…

Big Countries, Small Wars

LONDON – US President Barack Obama has vowed to avenge the murder of J. Christopher Stevens, America’s former ambassador to Libya. How he proposes to do this is unclear –…

Olympian Economics

As Olympic mania swept the world in recent weeks, it transported the host country, Great Britain, to a rare display of public exultation. Indeed, the successes of “Team GB” produced…

The Bad Society

LONDON – How much inequality is acceptable? Judging by pre-recession standards, a great deal of it, especially in the United States and Britain. New Labour’s Peter Mandelson voiced the spirit…

Why China won’t rule

Is China poised to become the world’s next superpower? This question is increasingly asked as China’s economic growth surges ahead at more than 8% a year, while the developed world…

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