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Essay, Nov/Dec 2013
Charles W. Calomiris and Stephen H. Haber

Conventional wisdom sees banking crises as apolitical, the result of unforeseen and extraordinary circumstances. In reality, the same politics that influence other aspects of society also help explain why some countries, such as the United States, suffer repeated banking crises, while others, such as Canada, avoid them altogether.

Comment, Sept/Oct 2013
Matthias Matthijs

A British exit from the EU is now more likely than ever, thanks to Prime Minister David Cameron, who has caved in to his party’s right wing. But such a move would be disastrous--not only for the United Kingdom, but for the rest of Europe and the United States.

Snapshot,
Brendan Simms

Margaret Thatcher re-established the United Kingdom as a major force on the international scene. But she failed to see that the best hope for Europe's future was integration.

Snapshot,
Amrita Narlikar and Dan Kim

Despite the claims of its champions, the fair-trade movement doesn't help alleviate poverty in developing countries. Even worse, it is just another direct farm subsidy of the kind most conscientious consumers despise. In the long term, the world needs free trade, not fair trade.

Review Essay, Mar/Apr 2013
Brendan Simms

Foreign policy realists have long found inspiration in the ideas of Lord Castlereagh, who served as British foreign secretary during and after the Napoleonic Wars. A new biography of the statesman presents him as more ideological than is traditionally assumed, and suggests that his example is more relevant than ever -- and might even hold the key to solving Europe's ongoing crisis.

Review Essay, Nov/Dec 2012
Donald R. Hickey

Today, the War of 1812 is all but forgotten. But as two recent books show, its legacies -- helping professionalize the U.S. military, planting the seeds of manifest destiny, and laying the groundwork for a long-standing Anglo-American alliance -- endure today.

Essay, Sept/Oct 2012
Charles King

As a referendum on Scotland’s independence looms, the question of the region’s place in the United Kingdom has become the most pressing issue in British politics. Its experience shows how a smart secessionist party can dismantle a functioning country, and how central governments eager to buy off regions can end up making matters worse.

Snapshot,
Jonathan Hopkin

Cameron's response to this month's unrest in London might have cost him the cooperation of the Liberal Democrats and derailed his economic and social policies for good. His coalition government is not likely to fall any time soon, but he will face deadlock for months to come.

Snapshot,
Matthias Matthijs

Unlike Margaret Thatcher in 1981, British Prime Minister David Cameron has appeared totally unprepared for the social unrest that his spending cuts have inevitably unleashed. The result: ugly class politics are back in Britain.

Snapshot,
Mark Blyth and Jonathan Hopkin

The British election on May 6 is not just business as usual. It will reconfigure British domestic politics and foreign policy.

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