From the Summer 2003 issue
Like it or not, America today finds itself an imperial power committed to maintaining an empire. The only question is what kind of empire?
First he rose to become the Federal Reserve’s top staffer. Now he helps set the pace as one of Washington’s newest Fed governors. TIE’s exclusive interview with Donald Kohn.
U.S. federal budget deficits are back big time. What will be their long-term consequences? Seven big thinkers enter the ring, gloves up.
A first step toward restoring customer trust in the system.
Particularly since September 11, global chatter keeps offering up supposedly accepted notions about oil. TIE asked an expert to address some of the confusion.
A strange new personal war has broken out between IMF head Horst Köhler and German Finance Minister Hans Eichel. But beneath the surface, even larger issues—including perceived American heavy-handedness—are at stake.
During the 1930s, long before the IMF, the British Empire coped with a debt crisis in a small country. This is a tale of the choice between debt and democracy. It shouldn’t be forgotten.
Why cultural exchange is still an overwhelming force for good.
Every so often TIE sits down with its old friend, former Secretary of State Lawrence Eagleburger, to talk about the world. As always, he doesn’t disappoint.
Imagine you’re sitting in the Oval Office. What advice would you offer George W. Bush?
Either adopt the classic British currency board model or simply “dollarize” Iraq.
The argument for inflation targeting.
Some now argue the Bank of Japan—with a would-be reformer at the helm—is the answer. Actually, the Central Bank is still part of the Japan problem.
Why Tokyo desperately needs to adopt the South Korean model.