The Free World Teeters on the Edge of a Knife

Global Financial Crisis in 2008 was the pivot point. Until then, “globalization” seemed inexorable and global trade expanded (as a share of global production) almost every year. Since then, global trade has been shrinking, trade barriers have proliferated, and onshoring has replaced offshoring. Until 2008, the number of democracies around the world

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One of the key reasons we should expect China’s continued vitality and rapid economic growth is that China has moved from being an importer of technologies from the United States and Europe to becoming a major technology innovator and exporter in its own right. An example of China’s new technological prowess is in high-speed wireless technology, no

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Thus it is not clear whether the absence of wars involving the great powers is an enduring trend or something of an aberration. Some judge this trend as likely to last, arguing wars between countries have become less common because actual or potential costs have gone up, especially in those instances in which nuclear weapons could be introduced. Ot

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