paul kennedy

Mitt Romney and the Empire of Hubris. Setting America on a path to decline.

By / 17 Comments / 9 October 2011

Summary:  Romney is among the most experienced of the Republican presidential candidates, and the most moderate (a relative measure to be sure).  Here we examine his foreign policy proposals for America.  They’re remarkable, and could put us on the fast track to decline and fall. Contents Romney’s speech, paradigmatic thoughts of early 21st C America …

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No coins, no COIN

By / 21 Comments / 7 October 2008

Introduction:  It is important that move beyond the panic “oh my god” stage, and consider what these events mean for America.  On one hand, recessions are not Armeggedon, but part of the normal business cycle. The economy must both inhale and exhale. Let’s not be like the fictional savages, who each winter worry that the …

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Geopolitical implications of the current economic downturn

By / 33 Comments / 6 September 2009

Summary:  How will this recession end?  My guess:  with re-balancing of the global economy and a decline of the US dollar so that the our goods and services are again competitive.  No more trade deficit, we can pay our debts, and there will be no serious outflow of jobs. There are several schools of economic thinking about …

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