Why Greece's third bailout package is bound to fail

by Dimitris Sotiropoulos Added 31.07.2015
The Greek government was forced into accepting a third bailout under very difficult circumstances on July 13. The dramatic euro summit of July 12 lasted 17 hours before a new bailout package of €86 billion was agreed by eurozone prime ministers....

Susiya: Injustice On Display

by Alon Ben-Meir Added 30.07.2015
The pending order to demolish the small Palestinian village of Susiya in the southern Judean Mountains in the occupied West Bank represents the most blatant violation of human rights. The order calls for the forcible removal of several hundred...

Containment Begins at Home

by Nina L. Khrushcheva Added 30.07.2015
NEW YORK – Earlier this month, Muhammad Youssef Abdulazeez, a 24-year-old US citizen of Middle Eastern descent, opened fire at two military sites in Chattanooga, Tennessee, killing five. This act of local horror was also one of national...

How to respond to an allegation of sexual assault

by Nicole Westmarland Added 29.07.2015
This week’s New York Magazine surely has its most poignant cover ever, in a piece of remarkable journalism. With the caption: “the unwelcome sisterhood”, the cover shows black and white photographs of 35 of the 46 women whose sexual assault...

Alpha, Beta, and Beyond

by Nouriel Roubini Added 27.07.2015
NEW YORK – Even in normal times, individual and institutional investors alike have a hard time figuring out where to invest and in what. Should one invest more in advanced or emerging economies? And which ones? How does one decide when, and in...

In defence of Germany: why the EU’s biggest champion doesn’t deserve the vitriol

by Joanna Mckay Added 27.07.2015
Anti-German sentiment that has been simmering in Greece for the past few years has boiled over in recent weeks in response to the conditions Germany has imposed on the country in return for financial bail outs. This was most clearly demonstrated...

The Good, The Bad And The Ugly About The Iran Deal

by Alon Ben-Meir Added 26.07.2015
The deal with Iran has been generally characterized as either good or bad, and many pronounced it as historic with far-reaching regional and even global implications. I completely disagree with the characterizations of the deal as entirely good...

Depression’s Advocates

by J. Bradford DeLong Added 24.07.2015
BERKELEY – Back in the early days of the ongoing economic crisis, I had a line in my talks that sometimes got applause, usually got a laugh, and always gave people a reason for optimism. Given the experience of Europe and the United States in...

The Return of the Ugly German

by Joschka Fischer Added 23.07.2015
BERLIN – During the long night of negotiations over Greece on July 12-13, something fundamental to the European Union cracked. Since then, Europeans have been living in a different kind of EU. What changed that night was the Germany that...

The Eurozone’s German Problem

by Philippe Legrain Added 23.07.2015
LONDON – The eurozone has a German problem. Germany’s beggar-thy-neighbor policies and the broader crisis response that the country has led have proved disastrous. Seven years after the start of the crisis, the eurozone economy is faring worse...

The royal family, the Hitler salute and British policy during the war

by Daniel Wagner Added 23.07.2015
The British government turned its back on the Jews of Europe and failed to aid Jewish resistance groups in Europe as a result of political and economic expediency. The  media sensation surrounding the recently released video footage of the Queen...

Moving on From the Euro

by Kevin Hjortshøj O'Rourke Added 22.07.2015
SAINT-PIERRE-D’ENTREMONT, FRANCE – European Monetary Union was never a good idea. I remember my surprise when, as a young assistant professor, I realized that I was opposed to the Maastricht Treaty. I believed then – and still do – that European...

Europe’s Civil War

by Anne-Marie Slaughter Added 21.07.2015
WASHINGTON, DC – The negotiations leading up to the latest tentative deal on Greece’s debt brought into relief two competing visions of the European Union: the flexible, humane, and political union espoused by France, and the legalistic and...

The Horseman of the Jewish Apocalypse

by Shlomo Ben-Ami Added 21.07.2015
TEL AVIV – The nuclear agreement reached by Iran and the five permanent members of the United Nations Security Council (China, France, Russia, the United States, and the United Kingdom), plus Germany, is not about Iran’s capitulation, as Israeli...

Trump Swiftboats McCain the Way W. Swiftboated John Kerry

by Juan Cole Added 20.07.2015
The chickens of 2004 have come home to roost in the Republican Party. The Republican strategists around George W. Bush in that year decided to rip John Kerry’s face off by attacking him, in accordance with Karl Rove’s dirty tactics, at his...

Iran’s Khamenei Praises Nuclear Deal, but slams US Foreign Policy

by Juan Cole Added 19.07.2015
Ayatollah Ali Khamenei, Iran’s clerical Leader, appeared to be attempting to mollify hard liners on Friday in his  Friday prayers addresses. On the one hand, he praised the negotiators at Vienna who in long and arduous negotiations crafted the...

Where Obama Went Wrong on Iran

by Shlomo Avineri Added 19.07.2015
JERUSALEM – The pros and cons of the accord with Iran over its nuclear program will be debated extensively over the next two months, in the run-up to a vote on the deal by the US Congress. But the so-called Joint Comprehensive Plan of Action...

Saying No to the Warmongers

by Jeffrey D. Sachs Added 19.07.2015
NEW YORK – The accord struck in Vienna to rein in Iran’s nuclear activities has warmongers fulminating. Citizens worldwide should support US President Barack Obama’s brave effort to outmaneuver them, taking heart from the fact that the...

Greek austerity may be an economic tale but children are the human cost

by Panos Vostanis Added 17.07.2015
Many perspectives have been shared about the social and economic repercussions that the third EU bailout proposal for Greece may have. The impact of these tough austerity measures is yet to unfold for the country, for the other southern states,...

A Belated Victory for Non-Proliferation

by Chris Patten Added 16.07.2015
LONDON – Let us give praise where it is richly deserved. Despite all the criticism they faced, US President Barack Obama and his Secretary of State, John Kerry, stuck doggedly to the task of negotiating a deal with Iran to limit its nuclear...

After Greek deal, Germany is once again seen as Europe's villain

by Holger Nehring Added 15.07.2015
The German chancellor, Angela Merkel, and her team of negotiators seem to have pulled it off once again. Or so it seems. A deal on Greece has been done at a time when many thought it would no longer be possible. Official German announcements...

The Mirage of the Financial Singularity

by Robert J. Shiller Added 15.07.2015
NEW HAVEN – In their new book The Incredible Shrinking Alpha , Larry E. Swedroe and Andrew L. Berkin describe an investment environment populated by increasingly sophisticated analysts who rely on big data, powerful computers, and scholarly...

The Trump Phenomenon and U.S. Political Culture

by Daniel Wagner Added 14.07.2015
In trying to fathom why The Donald has become the political phenomenon that he has, in such a short time in this election cycle, I have come to the conclusion that the only things that really matter in Republican politics today are name...

After the Deal

by Volker Perthes Added 14.07.2015
"This is a huge diplomatic success." BERLIN – After 12 years of tedious negotiations, Iran and the “P5+1” countries (China, France, Russia, the United States, and the United Kingdom, plus Germany) have reached a comprehensive agreement that...

Greece for Grownups

by Adair Turner Added 14.07.2015
LONDON – Greece and its European partners may have agreed on a new bailout provision, but how the Greek economic tragedy will actually end remains a mystery. One thing, however, is certain: eurozone governments will end up writing off a large...

America’s Why Not Election

by Elizabeth Drew Added 10.07.2015
WASHINGTON, DC – Those having trouble making sense of the American presidential election need not worry. It doesn’t make sense. Indeed, the ongoing campaign is the weirdest contest for the country’s highest office in modern times, owing not just...

Russia’s War on Ukraine’s Economy

by Anders Åslund Added 09.07.2015
WASHINGTON, DC – Ukraine’s economy may no longer be in free fall, but it remains in dire straits. The country’s GDP contracted by 6.8% last year, and is forecast to shrink by another 9% this year – a total loss of roughly 16% over two years....

Celebrity campaigns are a distraction from the real risks of cancer screening

by Susan Bewley Added 09.07.2015
You may have read stories about people who believe their lives were saved because of a routine screening for a disease such as cancer. Or you may have heard of people who feel they were let down because they didn’t receive such screening. While...

It's time to redraw the world's very unequal knowledge map

by Laura Czerniewicz Added 09.07.2015
If the world were mapped according to how many scientific research papers each country produced, it would take on a rather bizarre, uneven appearance. The Northern hemisphere would balloon beyond recognition. The global south, including Africa,...

Syriza’s German Fixation?

by Nikolaos Papadogiannis Added 08.07.2015
ATHENS – The Greek people have spoken. In an historic referendum, they have decisively rejected the deal offered by their country’s creditors. Within the ruling Syriza party, however, things are not quite so straightforward. Since coming to...

What Angela Merkel does next will define the future of Europe

by Holger Nehring Added 07.07.2015
In the week before the Greek referendum, leading German tabloid BILD conducted its own referendum on what should happen to Greece. The question: “Should we support Greece with further taxpayers’ billions?”, pointed out that Germany had already...

Statesmanship and the Greek Crisis

by Jeffrey D. Sachs Added 07.07.2015
NEW YORK – Sovereign-debt crises such as the one in Greece can be resolved only through bold steps by both debtor and creditor. The debtor needs a fresh start through a debt write-off; the creditor must find a way to provide one without...

Greece Has Reached Its Threshold of Pain

by Daniel Wagner Added 06.07.2015
It should not have come as a surprise that the majority of Greek voters opted not to accept more externally-imposed austerity, by voting “no” in Sunday’s referendum. The election pollsters once again were proven wrong. It was not a close race...

Oren's Orgy of Self-Justification

by James J. Zogby Added 06.07.2015
In his new book, "Ally: My Journey Across the American-Israeli Divide", former Israeli Ambassador to the US, Michael Oren, relates how late one night he received a frantic call from Prime Minister Benjamin Netanyahu alerting him to the fact that...

Europe and Greece on the Brink

by Mark Roe Added 04.07.2015
CAMBRIDGE – A deal between Greece and its creditors might not happen. Several factors are in flux; Greek and northern European interests are not aligned; and personal animosities are in play. For Greece, an exit from the euro would not be easy,...

Solitary confinement is one of the worst forms of psychological torture

by Jordan Gaines Lewis Added 04.07.2015
The inmates of Litchfield Penitentiary, the fictional setting for the Netflix TV series Orange is the New Black, are not shy women. They’ve landed in prison for murder, fraud, stalking, drug-smuggling, theft, and political activism. They do...

While Saudi Arabia Goes to War Abroad, It’s Simmering at Home

by Giorgio Cafiero and Daniel Wagner Added 04.07.2015
To hear Saudi leaders tell it, the primary threat to the kingdom’s stability is the Islamic Republic of Iran. Worried over Washington and Tehran’s slowly improving relationship, Riyadh has projected an increasingly militarized and sectarian...

Reviving Islam’s Enlightenment

by Daniel Chirot and Scott L. Montgomery Added 04.07.2015
SEATTLE – In 1877, the great French novelist Victor Hugo wrote, “Invading armies can be resisted; invading ideas cannot be.” Nowadays, the power of ideas, for good or for evil, is something we need to take into account, particularly in...

A Way Out for Greece

by Jeffrey D. Sachs Added 03.07.2015
QUITO, ECUADOR – The Greek crisis is a tragedy for the country and a danger for the world economy. Germany is demanding that Greece continue to service its debts in full, even though Greece is clearly broke and the International Monetary Fund...

Greece, honour and the ancient ties of wergeld

by Alexander Douglas Added 03.07.2015
On the surface, it seems the Greek crisis is all about money. The Greek government has defaulted on a €1.6bn loan repayment to the IMF and is seeking a new bailout programme. Meanwhile, the Greek people are to take part in a referendum that is...

Why Apple Music is set to take over the streaming business

by Elena Novelli Added 02.07.2015
After much anticipation Apple has launched its new music streaming service, Apple Music. It’s the latest addition to Apple’s burgeoning product ecosystem which includes devices, software, online digital payment systems and digital media stores....

Chief prosecutor killed by car bomb as Egypt marks two years of al-Sisi

by Maria Gloria Polimeno Added 01.07.2015
Hisham Barakat, Egypt’s most senior prosecutor, has been killed by a car bomb that hit his motorcade in Cairo. The attack came just a month after Islamic State (IS) urged its followers to attack Egypt’s judges and its “deep state” in revenge for...

The End of Work as We Know It

by Jean Pisani-Ferry Added 01.07.2015
PARIS – In 1983, the American economist and Nobel laureate Wassily Leontief made what was then a startling prediction. Machines, he said, are likely to replace human labor much in the same way that the tractor replaced the horse. Today, with...

Putin Made Simple

by Georgy Satarov Added 30.06.2015
MOSCOW – Three weeks before Russian President Vladimir Putin’s first election victory, in March 2000, his campaign released a book, First Person: Conversations with Vladimir Putin, based on 24 hours of interviews with three journalists. With...

Tunisia attack shows the war with Islamic State is bigger than we think

by Paul Rogers Added 30.06.2015
As the number of Britons confirmed dead in the Sousse massacre continues to climb, David Cameron has again ruled out putting British troops on the ground in Iraq and Syria – but conceded that Islamic State (IS) is plotting “terrible attacks” on...

Path to Grexit tragedy paved by political incompetence

by Barry Eichengreen Added 29.06.2015
Since our last episode, the crisis in Greece has escalated further. Negotiations between the government and its creditors collapsed over the weekend, and restrictions on bank withdrawals will now follow. The next step is for the government to...

The EU, the Grexit, and Market Failure

by Daniel Wagner Added 27.06.2015
Responsibility for Greece's and the EU's current dilemma rests with all parties - Greece, the ECB, and the banks. But each party is so busy pointing fingers at everyone else they appear to have lost any sense of introspection (if they ever had...

A European Role in Palestine?

by Chris Patten Added 26.06.2015
LONDON – The international community’s attention in the Middle East nowadays is inevitably focused on the Islamic State’s military advances in Syria and Iraq, the failed states of Yemen and Libya, the activities of Islamic extremists everywhere,...

Erdogan’s Fall From Grace

by Alon Ben-Meir Added 26.06.2015
Turkish President Erdogan’s May 2013 plan to raze Gezi Park in Central Istanbul and replace it with a replica 19th century Ottoman barrack prompted anti-government protests in Istanbul and other cities across Turkey, which led to violent...

Is Financial Repression Here to Stay?

by Howard Davies Added 25.06.2015
LONDON – There are several definitions of financial repression – and the repressors and the repressed tend to see things differently. But what financial repression usually involves is keeping interest rates below their natural market level, to...
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Letter from the Editor

Merkel’s Greece legacy

The financial crises started in 2008. It has been argued that its starting point was worse than that of the Great Depression, but our knowledge of how the economy works has improved so much that the financial crisis of 2008 resulted in Great...

Love of Learning Is the Key to Success in the Jobless Future

by Vivek Wadhwa Added 02.08.2015
Not long ago, school children chose what they wanted to be when they grew up, and later selected the best college they could gain admission to, spent years gaining proficiency in their fields, and joined a company that had a need for their...

We Need a New Version of Capitalism for the Jobless Future

by Vivek Wadhwa Added 01.08.2015
"There are more net jobs in the world today than ever before, after hundreds of years of technological innovation and hundreds of years of people predicting the death of work. The logic on this topic is crystal clear. Because of that, the...

Which paintings were the most creative of their time? An algorithm may hold the answers

by Ahmed Elgammal Added 31.07.2015
From Picasso’s The Young Ladies of Avignon to Munch’s The Scream, what was it about these paintings that arrested people’s attention upon viewing them, that cemented them in the canon of art history as iconic works? In many cases, it’s because...

Pricing Genius

by David W. Galenson Added 30.07.2015
Art world sophisticates often casually dismiss the market for art as irrational and arbitrary. The critic Robert Hughes memorably declared in 1978 that "The price of a work of art is an index of pure, irrational desire." More recently, in 2006,...

Cecil the lion was a victim of deep-rooted and persistent arrogance towards wildlife

by Eric Jensen Added 30.07.2015
The killing of Cecil the lion in Zimbabwe has brought fresh attention to an entrenched, ongoing crisis in wildlife conservation. As unsustainable global consumption and population growth continue to roll back the space for wild animals around...

Earth 2.0: Bad News for God

by Jeff Schweitzer Added 24.07.2015
The discovery of  Kepler-452b  is not likely to see the public swoon with a collective rendition of Kumbaya. But this Earth 2.0 is a huge if under-appreciated discovery, not because Kepler-452b is unique but for just the opposite reason; there...

Letter From Helsinki

by Michael Haltzel Added 21.07.2015
O.K., I admit it: I have resumed a love affair begun more than four decades ago. The object of my affection -- and I should add, also of my wife's -- is Finland, a country where we once lived when I was researching my doctoral dissertation. Now...

A fresh and rounded look at Voltaire

by Michael Johnson Added 19.07.2015
What would Voltaire make of his uncertain place in the collective American consciousness today? My guess is that he would be outraged.  Educated Americans know a few of his aphorisms and perhaps his Candide novella but they seem to have blocked...

Reconsidering Man’s Dominion

by Peter Singer Added 14.07.2015
"Mainstream Christian thinking about animals is rooted in the Book of Genesis, where God is said to have granted man dominion over all the animals…… Francis has now come down decisively against the mainstream view, saying that Christians "have...

Britain is arguing itself to death. Hooray!

by Robert Taylor Added 13.07.2015
Greece is in desperate trouble, but at least its survival as a nation is assured. In contrast, the UK might very well cease to exist within the next decade or so. In its place, England, Scotland, Wales and Northern Ireland could emerge as...
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The Burglar

by Mary L. Tabor Added 28.07.2015
Extract: Olivia had found one silver earring lying on her bureau, opened her jewelry box, and discovered the burglary. She’d opened the top bureau drawer and saw, instead of the little white cardboard box, a faint outline of dust where the box...

That Iron String: The tortured piano world viewed from within

by Michael Johnson Added 24.07.2015
The unhappy life of the classical pianist is rarely featured in modern novels.  I’ve always found this odd. The inherent drama of a career soloist should be raw meat for the writer. Paranoia is mixed with high art, loneliness is punctuated by...

Revisiting Irvin Yalom’s seductive novels of ideas

by Michael Johnson Added 23.07.2015
It’s a rare medical man who can shift from his world of arcane jargon to a vigorous, earthy style suited to non-fiction novels. Once in a while, a Chekhov or a Somerset Maugham comes along to make an exception and prove the rule. Psychiatrist...

Dazzled in Istanbul - On Writers and Publishing

by Alan Skinner Added 23.07.2015
We are a society which, as a rule, prefers good order to bad, desires sensible laws to prevail over anarchy and proposes for all just the right amount of liberality to allow us to feel free without the inconvenience of actually being so. We...

Alas, Poor Will. Or Edward. Or Amelia… The Shakespeare Authorship Question

by Alan Skinner Added 23.07.2015
Have we ever known him? The Will of Rosalind and Kate, Puck, Hal, Macbeth and Beatrice? And, if not really knowing Will, are these people who came mewling, laughing, raging or loving to the stage also strangers to us? Do we have to learn to know...

Pass The Hatchet, Please

by Alan Skinner Added 23.07.2015
Bernard Shaw once observed that a biography tells more about the biographer than the subject. While there is some truth to this, the poor Fabian playwright-essayist-critic-troublemaker was obviously still recovering from the shock of reading...

The Ten Percent Rule

by Alan Skinner Added 23.07.2015
Any person who has reached a reasonable age will probably have endured that unpleasant feeling, on waking after a satisfactory night of too much alcohol and an abundance of spirited conversation, of feeling embarrassed at things they remember...
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The ‘Yoda’ of the piano world dominates the Tchaikovsky competition

by Michael Johnson Added 02.07.2015
The International Tchaikovsky Competition in St. Petersburg and Moscow ended last night (July 1) in a virtual American sweep in the piano category, with gold and bronze prizes going to American-trained Russian boys and the silver to a...

San Francisco Symphony mixes things up with imagery and motion in “Missa Solemnis”

by James Bash Added 01.07.2015
With mixed results, the San Francisco Symphony performed Beethoven’s “Missa Solemnis,” using projected imagery and movement on June 11th [2015] at Davies Symphony Hall. It would be easy to say that this masterpiece by Beethoven doesn’t need...

San Francisco Opera creates magnificent spectacle with Berlioz’s “Les Troyens”

by James Bash Added 26.06.2015
San Francisco Opera pushed grand opera to the hilt with an inspiring, massive production of Berlioz’s “Les Troyens” (“The Trojans”) at the War Memorial Opera House on Friday (June 12). An all-star cast that featured Susan Graham, Bryan Hymel,...

“The Rake’s Progress” doesn’t stray in fine Portland Opera production underlined with Hockney artwork

by James Bash Added 23.06.2015
Igor Stravinsky’s “The Rake’s Progress” was served with verve and wit by Portland Opera on Sunday afternoon (June 14th) at the Keller Auditorium. Led by the superb singing of Jonathan Boyd, the agile playing of the orchestra under conductor Ari...

An updated Norma for today’s Bordeaux audience

by Michael Johnson Added 07.06.2015
The Bordeaux Opéra Nationale has been packing its 18th-century Grand Théâtre for a week of sellout performances of Norma, the great Vincenzo Bellini opera on which much of his reputation rests. The signature aria, “Casta Diva” still brings the...

Unexpected Places

by Glen Roven Added 06.06.2015
"The classical music scene in New York City is amazing. Not only for the quality, but also for the depth and breadth of the offerings. Yes, there are always the A-list attractions, Netrebko at the Met, Argerich at Carnegie. But on any given...

Note to Harvey Goldsmith: it's your music that's dead, not festivals

by Mike Jones Added 04.06.2015
Music festivals are about to die, according to leading rock promoter and manager Harvey Goldsmith. Speaking recently at the Hay Literary festival, he declared that it would be gatherings such as Hay, where a diverse range of interests are...

Tinkering with the ivories: Barenboim unveils his 'new' piano design

by Charles Wiffen Added 01.06.2015
In his 70s, the pianist and conductor Daniel Barenboim continues to attract attention not only for his performance schedule but also for his views on global issues. He is in London to perform a cycle of Schubert’s piano sonatas in a series of...

Bordeaux falls in love with Lupu

by Michael Johnson Added 27.05.2015
When an aging Radu Lupu sauntered onstage in Bordeaux Tuesday evening (27 May) a hush fell over the packed Auditorium. This pianist is generally recognized as one of the world’s most accomplished keyboard artists, and the full house of 2,200...

Humor and seriousness collide in Seattle Opera’s “Ariadne auf Naxos”

by James Bash Added 08.05.2015
One can easily imagine an opulent home of a Seattle billionaire like Bill Gates or Paul Allen as a setting for Richard Strauss’s “Ariadne auf Naxos.” So after the curtain went up for Seattle Opera’s opening night (May 2) at McCaw Hall, the...
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Dear White People ponders post-racism – but we need to talk about that

by Victoria Anderson Added 26.06.2015
Is there such a thing as post-racism? That’s what Justin Simien’s film Dear White People asks us to consider. And it’s just about to hit the UK. Dear White People is a subtle and good-natured satire on the issues of race in the Obama age. It was...

Girlhood is remarkable – a film brimming with messages of empowerment

by William Brown Added 07.05.2015
Girlhood, Céline Sciamma’s new film, opens with one of the most remarkable sequences that I have ever seen in a cinema. Figures play a game of American touch football under the glare of floodlights set to Dark Allies by New York-based retro...

Celebrity twat or man of the people? Russell Brand is both in The Emperor's New Clothes

by William Brown Added 29.04.2015
A few moments from the end of The Emperor’s New Clothes, the new documentary made by the prolific Michael Winterbottom in collaboration with Russell Brand, the celebrity anarchist pretends to receive a phone call as he puts forward a proposal...
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