The Islamic State’s Dollars and Cents

by Derek Davison Last August, the Islamic State (ISIS or IS) put out a video that would’ve thrilled most gold bugs if it had been produced by just about anybody else. Called “The Rise of the Khilafah and the Return… Continue Reading  

China and the Opportunity Costs of September 11

by John Feffer “The upcoming summit between China and the United States will feature a major plan for reducing the military arsenals of the two countries, an initiative to stabilize and grow the global economy, a follow-up effort to further… Continue Reading  

Finally an Opportunity for a Real Campaign Conversation on Iran

Sunday’s New York Times story that the US and Iran have agreed in principle to direct bilateral negotiations over Iran’s nuclear program provides opportunity for a more honest conversation on Iran than the presidential candidates have had so far. Well,… Continue Reading  

On the Politics of how well Sanctions are Working

The escalating sanctions regime that has been imposed on Iran by the United States and European Union has placed all parties involved in a rather strange position. On the US side, the palpable glee over the dropping value of the… Continue Reading  

More on the Falling Rial from Djavad Salehi-Isfahani

Virginia Tech economist Djavad Salehi-Isfahani’s recent explanation of the rial situation in Iran generated a lot of attention, and much in the way of non-expert criticism, likely because it deviates considerably from the prevailing narrative on Iran’s economy: it’s about… Continue Reading