From the Winter 2006 issue

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Today vs. 1935: Hyperbole or Prescience?
Former U.S. Speaker of the House Newt Gingrich recently suggested the present-day global situation bears a striking resemblance to 1935, with Iranian President Mahmoud Ahmadinejad’s pursuit of nuclear weapons capability—not to mention his anti-Jewish sentiments—strikingly similar to Adolf Hitler’s quest in the 1930s for weapons superiority. Is this observation credible or over the top?
A symposium of views

A L S O  in the Winter 2006 issue:

From the Founder
Iran’s Ahmadinejad: Crazy or Crazy Like a Fox?
By David Smick

Hundred Dollar Oil, Five Percent Inflation, and the Coming Recession
Why the Fed is in trouble.
By Philip K. Verleger, Jr.

Deflationary Lessons
What Japanese deflation did and did not do.
By Adam Posen

Greenspan’s Four Lessons
An important senior Tokyo financial strategist sizes up the last two decades of U.S. monetary policy.
By Makoto Utsumi

The Global Driver
How housing is driving the world economy.
By David Hale

Why Japan Needs Higher Interest Rates
The first step toward shifting to a consumption-based economy.
By Tadashi Nakamae and Tomoko Saito

Japan’s Golden Age
What to make of the age demographic.
By Chi Lo

Captain Rato and the Titanic
The growing irrelevance of the International Monetary Fund.
By Desmond Lachman

The Cox Revolution
How the former U.S. lawmaker is changing the SEC.
By Christopher Whalen

The Emergence of Africa
The Subsaharan attempt to join the emerging markets club.
By Gary Kleiman

The Hidden Key to Growth
How local services stimulate economic expansion.
By Martin Baily, Diana Farrell, and Jaana Remes

Georgia on My Mind
Economic realism in a new book on post-Soviet economic transformation.
By Anders Åslund