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After inner Mongolia Bitcoin ban, Sichuan mulls mining shutdown
Will the province, rich in hydropower, change its welcoming stance toward cryptocurrencies?
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Fiscal Discipline and All That
Rarely has an economic idea had such a brief revival. After several years of almost undisputed sway of monetarist ideology over economic policy makers across the world, suddenly Keynesian ideas were back in fashion, in particular the idea that active state intervention in the form of increased state expenditure is necessary to bring a market […]
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Iran, China, and the Shanghai Cooperation Organization
The new secretary general of the Shanghai Cooperation Organization (SCO), Muratbek Sansyzbayevich Imanaliev, said at a news conference in Beijing earlier this week that the conflict in Afghanistan and expanding the SCO’s members to include Iran and Pakistan were the top issues on the SCO’s agenda in 2010. Certainly, these issues are likely to dominate […]
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Security Council Condemnation of North Korean “UFO” Deepens Korean Crisis
On 13 April (14 April East Asian time), Claude Heller, the Mexican president of the United Nations Security Council read a “Statement” on behalf of the Council. He condemned North Korea for something described as a “launch” it had conducted on 5 April, demanded it desist from any further such act, reaffirmed the principles of […]
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Economists’ Letter to Congress in Support of a New Economic Stimulus Package
The Honorable Henry Reid Senate Majority Leader Washington, DC 20510 The Honorable Nancy Pelosi Speaker of the House Washington, DC 20515 The Honorable Mitch McConnell Senate Minority Leader Washington, DC 20510 The Honorable John Boehner House Minority Leader Washington, DC 20515 Dear Sen. Reid, Sen. McConnell, Speaker Pelosi, and Rep. Boehner: We, the undersigned economists, […]
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Multiplicity at the Heart of Asia: “Chinese Turkestan” in Broad Historical Perspective
James Millward. Eurasian Crossroads: A History of Xinjiang. New York Columbia University Press, 2007. 352 pp. $41.50 (cloth), ISBN 978-0-231-13924-3. There are precious few well-written and well-researched books on Central Asia/Eurasia on any topic or period, especially for a non-specialist readership. This magnificent survey history of an important heartland in the region […]
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Seized! The 2008 Land Grab for Food and Financial Security
Today’s food and financial crises have, in tandem, triggered a new global land grab. On the one hand, “food insecure” governments that rely on imports to feed their people are snatching up vast areas of farmland abroad for their own offshore food production. On the other hand, food corporations and private investors, hungry for profits […]
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Abuse of Iran’s President in New York Fits a Pattern
Many Iranians, ranging from university presidents in Iran to immigrants here in the United States, feel insulted by the treatment president Ahmadinejad received in New York in September. This is understandable, coming in the midst of a larger media campaign to demonize Iran, including the newspaper cartoon last month that depicted Iranians as cockroaches crawling […]
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Is Canada an Imperialist State?
Has Canada become an imperialist state, as some on the Left argue? On the surface, a case can be made. Why did Canada participate in the kidnapping and expulsion of Haiti’s elected head of state, Jean-Bertrand Aristide? Why are Canadian troops fighting the insurgency in Afghanistan while supporting a regime dominated by feudal warlords? […]
