LONDON – Sociology, anthropology, and history have been making large inroads into the debate on immigration. Homo economicus, who lives for bread alone, has, it seems, given way to someone for whom a sense of belonging is at least as important as eating. This makes one doubt that hostility to mass immigration is simply a protest … Continue reading Inconvenient Truths About Migration
Category: Journalism
Resurrecting Creditor Adjustment
LONDON – With all the protectionist talk coming from US President Donald Trump’s administration, it is surprising that no one has mentioned, much less sought to invoke, an obvious tool for addressing persistent external imbalances: the 1944 Bretton Woods Agreement’s “scarce-currency clause.” That clause, contained in Article 7 of the agreement, authorizes countries, “after consultation … Continue reading Resurrecting Creditor Adjustment
Germany’s Hour
LONDON – Who runs the European Union? On the eve of Germany’s general election, that is a very timely question. One standard reply is, “The EU’s member states” – all 28 of them. Another is, “The European Commission.” But Paul Lever, a former British ambassador to Germany, offers a more pointed answer: Berlin Rules is the title … Continue reading Germany’s Hour
“Never explain, never apologise”: a review of David Kynaston’s history of the Bank of England
David Kynaston's Till Time's Last Sand reveals how the Bank's relationship with government—from the gold standard to the Crash—have shaped the nation's economy since 1694 David Kynaston is a wonderful social historian, with three massive volumes on post-war Britain and many others to his name. He has been a leading practitioner of “history from below,” … Continue reading “Never explain, never apologise”: a review of David Kynaston’s history of the Bank of England
A Trip Through Putin Country
VLADIVOSTOK – Russia’s Baikal-Amur Mainline (BAM) railway “can be hardly named as a popular tourist attraction,” says one tourist website of the some 2,000-mile railway traversing Eastern Siberia and the Russian Far East. “Most people even never [sic] heard of it.” The BAM’s older rival, the Trans-Siberian Railway, is certainly more popular. Since opening in … Continue reading A Trip Through Putin Country
The Protocols of Donald J. Trump
LONDON – It is an odd quirk in the history of logic that the blameless Cretans should have given their name to the famous “liar paradox.” The Cretan Epimenides is supposed to have said: “All Cretans are liars.” If Epimenides was lying, he was telling the truth – and thus was lying. Something similar can … Continue reading The Protocols of Donald J. Trump
Britain’s Deepening Confusion
LONDON – “Enough is enough,” proclaimed British Prime Minister Theresa May after the terrorist attack on London Bridge. Now, it is clear, almost half of those who voted in the United Kingdom’s general election on June 8 have had enough of May, whose Conservative majority was wiped out at the polls, producing a hung parliament … Continue reading Britain’s Deepening Confusion
The Varieties of Populist Experience
Emmanuel Macron’s decisive defeat of Marine Le Pen in the French presidential runoff was a major victory for liberal Europe. But it was a battle, not a war. The idea that one in three French citizens would vote for the National Front’s Le Pen was inconceivable only a few years ago. Commentators have affixed the … Continue reading The Varieties of Populist Experience
Trump’s War Policy in Syria
LONDON – Clearly, the last word has not been said about the chemical weapons attack on Khan Sheikhoun in Idlib Province, Syria, on April 4, which left 85 dead and an estimated 555 injured. But three points – concerning responsibility for the attack, the United States’ military response to it, and the episode’s effect on … Continue reading Trump’s War Policy in Syria
Russia’s Nonprofit Spies
LONDON – Nothing so riles Western opinion about Russia today as its law on foreign agents. Enacted in July 2012, the law requires all non-commercial organizations (NCOs) engaged in (undefined) “political activities” to register with the Ministry of Justice as “carrying functions of a foreign agent.” A follow-up measure in 2015, the “Undesirable Organizations” law, … Continue reading Russia’s Nonprofit Spies