What the Fall of the Wall Did Not Change

By George Friedman Twenty-five years ago, a crowd filled with an uneasy mixture of joy and rage tore down the Berlin Wall. There was joy for the end of Germany's partition and the end of tyranny. There was rage against generations of fear. One fear was of communist oppression. The other fear was of the threat … Continue reading What the Fall of the Wall Did Not Change

The Gold Standard Did Not Cause The Great Depression, Part 1

by Ralph Benko AEI’s James Pethokoukis and National Review’s Ramesh Ponnuru — among many others — appear to have fallen victim to what I have called “the Eichengreen Fallacy,” the demonstrably incorrect proposition that the gold standard caused the Great Depression.  This fallacy is at the root of much confusion in the discourse. Both these … Continue reading The Gold Standard Did Not Cause The Great Depression, Part 1

OECD urges Brazil to tackle foreign bribery

Brazil must build on the positive momentum started with its new Corporate Liability Law and its first indictments in one foreign bribery case to investigate and prosecute more proactively foreign bribery. Since Brazil joined the Convention in 2000, of the 14 allegations identified in the report, only five have been investigated and three investigations are … Continue reading OECD urges Brazil to tackle foreign bribery