How should economists interpret current trade wars and the recent U.S. trade actions that have initiated them? This paper offers an interpretation of current U.S. trade actions that is at once more charitable and less forgiving than that typically offered by economic commentators. More...

This article briefly explores the many ways in which the George W. Bush administration's response to the terror attacks of September 11, 2001 do not conform to the predictions of the rational actor model. The article suggests that foreign policy decision-making models which focus on the...

This article briefly explores the many ways in which the George W. Bush administration's response to the terror attacks of September 11, 2001 do not conform to the predictions of the rational actor model. The article suggests that foreign policy decision-making models which focus on the...

The relationship between the US and Asia will be the single biggest determinant in the evolution of the global economic system. In the absence of adequate reform at the global level, the alternative could be further fragmentation into competing regional blocs. Asia holds the key, combining both...