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Archive for the ‘Middle East’ Category

This is it for me, at least for this chapter.  I am off to join some people who don’t much appreciate voices singing out of key, and while they might be able to get over my public disdain for coaches who punt in opposing territory, it would be rather awkward to continue to point out [...]

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For the first seventeen years of the Peloponnesian War, Athens and Sparta fought to something of a draw.  Sparta dominated the land, but could not breach Athens’ walls.  Athens dominated the sea, but could not march inland with enough force to defeat Sparta.

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Still trying to process all of my objections to the current Afghan strategy into something moderately coherent, so I’ll start with a very different story: Fritz Henderson was rather suddenly and unceremoniously dismissed as CEO of GM. General Motors Co. Chief Executive Officer Fritz Henderson resigned after eight months on the job as directors concluded [...]

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I am enjoying the goings-on in Dubai tremendously.  It’s like the field mouse of an economics drug trial: take every extreme symptom, jam it into one place of absolutely no global consequence, and then try to figure out the cure. Suppose you had a tiny country that decided it wanted to be important.  Playing on [...]

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The First World War ended ninety-one years ago.

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Once upon a time, there was a hedge fund named Hermitage Capital.  Its head was Bill Browder, and it had the clever idea, back during the Yeltsin Administration, of investing Western capital in Russia.  It worked spectacularly well, until it didn’t: Browder is a smart guy.  He made a lot of money and managed to [...]

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David Brooks’ silly season seems to have found an Indian Summer, as he goes on about his imaginary friends Mr. Bentham and Mr. Hume: If you put Mr. Bentham in charge of the government, he’d proceed with confidence. If you told him to solve a complicated issue like the global-warming problem, he’d gather the smartest [...]

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Even as we wobble towards a coherent Afghanistan policy, Iran continues to be a massive thorn in our side.  What do we do when all of our options are terrible?

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Eight years.

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The Times Op-Ed page is not typically given to investment topics – so much easier to let Maureen Dowd mail in fluff pieces about her friends – so I was a bit surprised to see Michael Lynch’s piece on peak oil.  He doesn’t pull the typical eight-hundred-words-of-hedging bit either: Like many Malthusian beliefs, peak oil [...]

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