Image via goodreads. This is a fantastic book. It covers the history of how the countries of the Middle East came to be, from the Great Game imperialist struggle between Britain and Russia in Asia (Fromkin has also written a great Foreign Affairs peace recounting that), to the Ottoman Empire's two-front war during WWI where… Continue reading Review of “A Peace to End All Peace”
Review of Votes from Seats
Image from goodreads. This is definitely a tour de force on how political science ought to be done. That being said, unless you are a political scientist or a student of political science, it might get a bit too detailed and mathy for your taste. But if you are in one of those two groups, I consider… Continue reading Review of Votes from Seats
Review of The Accidental Superpower
image from ThriftBooks I found Peter Zeihan's The Accidental Superpower to be a very interesting, informative, and entertaining book. It seems to be a great introduction to geopolitics, especially with its awesome maps. The first half of the book is brilliant, describing the geographical advantages that led to America's rise. As he describes in the book,… Continue reading Review of The Accidental Superpower
Review of The Cold War: A World History
(image via goodreads) Odd Arne Westad's The Cold War is simply a must-read for anyone who wants a better understanding of the world today. Despite having lived through the Cold War -- and as someone who probably pays closer attention to current events, world politics, and history than your average American -- there was a… Continue reading Review of The Cold War: A World History
The Causes of the Financial Crisis
As I see it, the main cause was systemic, namely the securitization of mortgages (e.g., CDOs). This means mortgages being repackaged by lenders and resold to other investors who wanted the income from the monthly payments. This was first done in 1970 by the Government National Mortgage Association (GNMA or Ginnie Mae), but securitization didn’t really start taking… Continue reading The Causes of the Financial Crisis
Review of All the Devils Are Here
Image from goodreads.com I consider All the Devils Are Here to be the best book on the financial crisis I have read so far, edging out Nouriel Roubini's Crisis Economics and significantly better than Michael Lewis's excellent Big Short. Roubini excels more at explaining more of the economics in systemic big-picture terms and also laying… Continue reading Review of All the Devils Are Here
Whom to Blame for the Recession?
Now that the economy appears to be on the right track again, I'd like to revisit what I think was the cause of the 2001 recession. I run across too many people who take a partisan stance and blame it on Dubya or blame it on Clinton. Really, the President doesn't have as much power… Continue reading Whom to Blame for the Recession?