Gambling with Other People's Money: How Perverse Incentives Caused the Financial Crisis

Gambling with Other People's Money: How Perverse Incentives Caused the Financial Crisis

Russ Roberts argues that leverage—using “other people’s money”—was the central cause of the crash of 2008 and that a new approach to financial crisis management is necessary.



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We Shot the War: Overseas Weekly in Vietnam

We Shot the War: Overseas Weekly in Vietnam

Explores the legacy of Overseas Weekly, a muckraking military tabloid that covered the Vietnam War and earned a reputation as “the least popular publication at the Pentagon.”



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Roots of the Issei: Exploring Early Japanese American Newspapers

Roots of the Issei: Exploring Early Japanese American Newspapers

Examines the emergence of key Japanese American generational terms in the early 20th century using digitized Japanese American newspapers.



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A New Sacred Use for an Old Trophy of War

Military History is rarely out of the news in Russia, and this month it was announced that a new Army Cathedral there will have its front steps made out of melted-down tanks seized from the Germans in the Great Patriotic War of 1941–45. President Vladimir Putin, whose pet project this is, has raised 1.8 billion roubles (£20.9 million, $26.8 million) for a three hundred-foot high brand-new Main Cathedral of the Armed Forces in Patriot Park, a mil...
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Africa 2050: Demographic Truth and Consequences

No general statement about African demography is true. The variation in the continent is too great. Africa today includes giant countries with populations near or exceeding 100 million (Egypt, Ethiopia, Nigeria) and tiny countries with populations under 1 million (Comoros, Djibouti, Cabo Verde, Reunion, Mayotte, Sao Tome and Principe, Seychelles). It includes countries where fertility is rising (Algeria, Egypt, Tunisia, Seychelles), countries wh...
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Unlocking the Potential of MobileTech in Africa: Tracking the Trends and Guiding Effective Strategy on Maximising the Benefit of Mobile Tech

Africa is home to a burgeoning digital domain. Africans across the continent are taking notice of what mobile internet technology offers them. In fact, the vast majority of Africans believe that increased internet access offers paths to improved education, economies, and personal relationships. Though there is scepticism about the role of mobile internet technology in politics, there is a generally positive interpretation of where it could lead....
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Climate Change and Africa’s Future

Africa is often described as the continent most at risk to the negative effects of climate change, both because of the expected change itself and because of the perceived lack of capacity of Africans and their governments to adapt. This paper provides an overview of what is known and unknown about Africa’s climate future and examines how possible changes may challenge four critical and inter-related areas: agriculture, health, migration, and con...
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