Cowards of Scale
Categories: Economics

“An American hand reaching out to an unclenching authoritarian fist: This is the dominant foreign policy metaphor of President Obama’s first month in office. It is a simile of hope, as the president intends—but also one of vulnerability, as Obama may discover sooner than he expects.” - Jim Hoagland, “Obama vs. Clenched Fists” (Washington Post, February 22, 2009) Vulnerability? Dear citizens, please bear a discussion about risk and the management of risk. And please accept that this is not an expression of ill ... Read More