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Banking, Panics, and Regs: The 2022 Economics Nobel

In Opinion by Michael Rae

Earlier this month, Ben Bernanke, Douglas Diamond, and Philip Dybvig were awarded the Bank of Sweden Prize in Economic Sciences in memory of Alfred Nobel. Bernanke, Diamond, and Dybvig were honored for their many contributions to our shared understanding of both the role of banking and banking failures. Continue Reading… Read more at The Acton Institute

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Iran, Cuba, and Ukraine: De-escalation and conflict transformation

In Opinion by Michael Rae

THE PROTESTS IN IRAN If you read no other analysis of the protests in Iran, read this: Why You Can’t Understand Iran in 2022 Without Understanding 1978 (Trita Parsi, quincyinst.org, 4 October 2022). Trita Parsi, Executive Vice President of the Quincy Institute and Middle East expert heading the programme Ending Endless War, Visit the Rideau Institute for the complete article

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Lessons from Africa – International diplomacy is the only way to a just, sustainable peace in Ukraine

In Opinion by Michael Rae

DISARRAY IN THE AFRICAN SAHEL One of the world’s foremost international peace and security experts, Professor Emeritus Paul Rogers, reminds us of developments beyond the Ukraine conflict that are important in and of themselves, but also for the lessons they continue to teach — and we continue not to heed Visit the Rideau Institute for the complete article

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Not Jonesing for the Jones Act

In Opinion by Michael Rae

Just a few years ago, very few people knew or discussed the Jones Act. Now everyone is talking about it. In a colossal but somewhat predictable fiasco, while Puerto Rico was being pummeled by Hurricane Fiona, the Jones Act prevented a cargo ship from docking off its coast to deliver some 300,000 barrels of much-needed diesel fuel. Continue Reading… Read more at The Acton Institute