Ordinarily I do not blog on articles or discussions that seem to me entirely muddle-headed; life is too short. However. (Admittedly irritating digression: Life is particularly too short here at the Hoover Institution, Stanford, where I am spending a few weeks finishing a book manuscript on US-UN relations in the next administration, whosever it happens to be. The weather in Palo...
Globalization's effect on basketball has been in the news quite a bit recently. I blogged last week about the Iranian national team coming to Salt Lake City to play in the NBA's Rocky Mountain Revue. On Monday, the superb FP Passport blogged about "The NBA's euro problem" -- the fact that more and more NBA players, including American ones, are...
When international lawyers say that sovereignty is a social construction, I doubt any of us mean it as literally as does the Seasteading Institute, an organization founded by Patri Friedman, grandson of Nobel Laureate economist Milton Friedman, and Wayne Gramlich. Their goal is to foster a seasteading movement, people building structures on the high seas that would become independent and...
There is one book that I have my classes in international business as well as public international law both read (actually, I read it aloud to them and later give them a pop quiz), If You Give a Mouse a Cookie. It is the single finest book on incentives and moral hazard available, I believe: If you give a mouse a cookie,...
Here's a surprise -- China opposes indicting Bashir: China's Foreign Ministry spokesman Liu Jianchao said Beijing maintains friendly relations with Sudan and is deeply concerned and worried about the charges. He says the situation in the Darfur region is at a sensitive and critical moment. He says China hopes all sides can resolve their differences through consultation and avoid adding complications...
This is a fascinating story: the State Department, the Iranian government, and the NBA have joined forces to arrange for the Iranian men's basketball team to train and play next week against NBA teams in Salt Lake City: Iran will take part in the Rocky Mountain Revue, the Utah-hosted summer league and will play four games. The team will also observe...
The Copenhagen Consensus is the brain child of self-described 'skeptical environmentalist' and statistician Bjorn Lomborg; housed at the Copenhagen Business School, it seeks to apply cost benefit analysis to the world's leading problems in development, poverty, the environment, etc., with the assistance of a range of leading economists, and come up with not just a list of issues, but a...
Financial intermediation is a dicey proposition these days, and 'asset securitization' a downright dirty word in a world in which securitization allowed the obfuscation of risk - purses from sows' ears, but actually just fancy looking sows' ears, it turns out, everywhere you looked. Nonetheless, one of the important longterm issues for microfinance (and for the whole, newly emerging...
In today’s Washington Post, a front page article titled, “Multitude of Forces Drains the Spirit of Giving,” by staff writer Philip Rucker. Compared with the tsunami of 2004 and Katrina, the natural disasters of Burma and China have not produced anywhere near the outpouring of American charitable aid donations: In the weeks since a cyclone laid waste to Burma's delta...
Everyone loves microfinance. The Wall Street Journal editorial page is super enthusiastic, but so is the World Bank, so are all those private equity kids who now want to do politically progressive 'venture philanthropy' with their gazillions, and so is Natalie Portman, peering winsomly from the cover of the NYT Magazine a couple of months ago. Muhammad Yunus...
