The Duck of Minerva

The Duck Quacks at Twilight

Why not just burn money instead?

June 18, 2009

I suppose that in an era of Credit Default Swaps, massively over-leveraged firms, and other assorted lunacies in the financial industry, we shouldn’t be surprised by much of anything. Still, I have to wonder which members of the “best and the brightest” thought insuring North Korean interests was a great business move?

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Daniel H. Nexon is a Professor at Georgetown University, with a joint appointment in the Department of Government and the School of Foreign Service. His academic work focuses on international-relations theory, power politics, empires and hegemony, and international order. He has also written on the relationship between popular culture and world politics.