The International Monetary Fund has imposed its traditional policies in Iraq. Few have considered the consequences. But the author notes that business as usual will probably not work in Iraq, and may well be destructive. He also wonders why there is so little imagination at the IMF.

A free market program was imposed on Iraq far sooner than the nation was prepared to exploit it. This author discusses why it was imposed, and why it may have already failed.

Contrary to the writings of many political analysts, there are many fronts on which to battle the United States. Iran has considered opening another front by leading an assault on the U.S. dollar. Will it succeed? Our writer thinks it will not, partly because, as of now, the dollar's sources of...