In Antifragile, author Nassim Nicholas Taleb makes the argument that when we try to remove disorder from a system and render it predictable we in fact set this system on a course to major shocks and even destruction. This is precisely what has happened to the world economy since the financial crisis. Government responses to […]Read more "Recession 2016: The Debt Anchor"
The harsh deserts surrounding Diriyah in central Saudi Arabia played host to a meeting that would shape the destiny of the Arabian Peninsula for centuries to come. Here in Diriyah, in the 18th century, the House of Saud forged an alliance with Muslim preacher Ibn Abdel-Wahhab and went on to conquer much of the Arabian […]Read more "Desperate in Diriyah"
On December 26th 1991 the Soviet Union was dissolved with 12 states emerging out of the wreckage of this former superpower. What followed was over 2 decades of unparalleled economic, political and moral dominance by the United States – the lone surviving superpower. The United States had (and continues to have) the world’s largest economy, […]Read more "The Economics of a Multipolar World"