The Panama Papers and Thomas Piketty: How the Leak May Transform Politics

The Panama Papers—the massive collection of leaked documents from Mossack Fonseca, a Panamanian law firm that helps set up offshore shell corporations—have already had political consequences. Iceland’s prime minister, Sigmundur David Gunnlaugsson, resigned after the leak revealed that he had partly owned an offshore firm. David Cameron, the British prime minister, is facing criticism over an offshore company that his father set up. In Brazil, many of the people connected to the country’s unfolding corruption scandal appear to have held offshore shell companies set up by Mossack Fonseca. And in Russia, Sergei Roldugin, a cellist who

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American Influence: Ireland Must Focus on Economic Security as Arena of Vulnerability

After decades of neglect, Ireland is finally debating national security. Unfortunately, we don’t just need to catch up with the rest of the world, but understand how our economic growth strategy involved national security choices that are coming back to bite us. Market-based globalisation is being eaten alive as powerful countries contend for domination. That ...
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Essay

The Twilight of America’s Financial Empire – with Abraham Newman

When Iraqi lawmakers voted to expel U.S. forces from the country earlier this month, the Trump administration’s response was swift and forceful: it refused to withdraw and, for good measure, threatened financial retaliation, saying it would freeze Iraq’s accounts at the U.S. Federal Reserve. The threat seems to have been effective. Although Iraqi officials still ...
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