The Globalist

Many analysts may say the world is in a new Cold War, but it isn’t, writes Odd Arne Westad in his new book, The Coming Storm: Power, Conflict and Warnings from History.

Westad, a renowned historian of the Cold War at Yale University, argues that the period leading up to World War I is a much more accurate and troubling parallel.

The Cold War was an ideological ...

“Ideas of economists and political philosophers both when they are right and when they are wrong, are more powerful than is commonly understood. Indeed, The world is ruled by little else.

(John Maynard Keynes, The General Theory of Employment, Interest and Money, Concluding Notes, 1936)

Americans are again being warned that government debt is ...

Richard Nixon’s “Saturday Night Massacre” sought to place the U.S. Justice Department under total White House control. The then-Attorney-General and the Deputy Attorney General resigned. But ultimately Nixon failed and justice prevailed.

Now Donald Trump, through his Acting Attorney General Todd Blanche (who used to be one of his private defense lawyers) has secured t...

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In 1964, the historian Richard Hofstadter described American politics as periodically seized by “the paranoid style” while seeing the world “in apocalyptic terms.” This would lead to “heated exaggeration, suspiciousness and conspiratorial fantasy” and replace ordinary democratic conflict.

Sixty years later, that style has found its clearest expression not in some fring...