The Great Debate

from Anatole Kaletsky:

Can central bankers succeed in getting global economy back on track?

August 15, 2014

Stanley Fischer, the former chief of the Bank of Israel, testifies before the Senate Banking Committee confirmation hearing on his nomination in Washington

Why is the world economy still so weak and can anything more be done to accelerate growth? Six years after the near-collapse of the global financial system and more than five years into one of the strongest bull markets in history, the answer still baffles policymakers, investors and business leaders.

from Anatole Kaletsky:

World War One: First war was impossible, then inevitable

June 27, 2014

British troops advance during the battle of the Somme in this 1916 handout picture

Why does the assassination of Archduke Franz Ferdinand -- the event that lit the fuse of World War One 100 years ago Saturday -- still resonate so powerfully? Virtually nobody believes World War Three will be triggered by recent the military conflicts in Ukraine, Iraq or the China seas, yet many factors today mirror those that led to the catastrophe in Sarajevo on June 28, 1914.

from Nicholas Wapshott:

Fighting for the future of conservatism

May 13, 2014

Britain's Prime Minister David Cameron delivers a speech to placard waving Conservatives during an European election campaign rally at a science park in Bristol

Establishment Republicans have been delighted by the victory of Thom Tillis, their favored candidate in last week’s North Carolina primary. After expensive advertising campaigns by establishment bagmen like the U.S. Chamber of Commerce and Karl Rove’s American Crossroads, mainstream conservatives believe they have a candidate who can beat Democrat Kay Hagan to win a valuable Senate seat in November.

from Nicholas Wapshott:

No, austerity did not work

November 7, 2013

There have been a lot of sighs of relief in Europe lately, where countries like Britain and Spain, long in recession, have finally started to grow. Not by much, nor for long. But such is the political imperative to suggest that all the misery of fiscally tight economic policies was worth the pain that there are tentative claims the worst is now over and, ipso facto, austerity worked.

from Nicholas Wapshott:

Austerity is a moral issue

May 17, 2013

Security worker opens the door of a government job center as people wait to enter in Marbella, Spain, December 2, 2011. REUTERS/Jon Nazca

Thatcher: Master of the ‘unexpecteds’

April 16, 2013

The passing of Margaret Thatcher comes at a time when the great theme that shaped her years as Britain’s prime minister – the frontier between government and the private sector – is again the focus of serious public debate. Her historic achievement was to widen the frontiers of the “market” and, as she said, to have “rolled back the frontiers of the state.”

In Britain, a new PM is waiting

January 22, 2010

Britains opposition Conservative Party Leader, David Cameron, speaks at the Confederation of British Industry (CBI) conference in London November 23, 2009. REUTERS/Toby Melville

global_post_logoMichael Goldfarb serves as a GlobalPost correspondent in the United Kingdom, where this article first appeared.

from The Great Debate UK:

You never know when rates will rise

October 8, 2009

David Kuo-David Kuo, Director at the financial website The Motley Fool. The opinions expressed are his own.-

from The Great Debate UK:

The art of the dying general at 250 years old

September 10, 2009

generalwolfe1- Carl Mollins is a Toronto-based journalist who has worked at the Toronto Daily Telegram, Reuters (in London), The Canadian Press news service (in Toronto, London, Ottawa, Washington, DC) and Maclean's magazine (in Toronto and Washington, DC). The opinions expressed are his own. -

from The Great Debate UK:

September 1939 and the outbreak of war

August 28, 2009

terrycharman- Terry Charman is Senior Historian at the Imperial  War Museum in London. He studied Modern History and Politics at the University of Reading and while there interviewed Adolf Hitler's architect Albert Speer. He specializes in the political, diplomatic, social and cultural aspects of the World Wars, and wrote "The German Home Front 1939-1945" and "Outbreak 1939: The World Goes To War". He is curator of the exhibition Outbreak 1939 at the museum. The opinions expressed are his own. -