In the year 1157, the Republic of Venice was in the midst of war and in desperate need of funds. It wasn’t the first time in history that a government needed to borrow money to fight a war. But the Venetians came up with an innovative idea: Every citizen who loaned money to the government […]

The European Union, too, is clearly on the decline. Despite Pollyannish talk of creating a European army and closer ties among member states, the EU has lost much of its original appeal and faces fissiparous challenges of which the so-called Brexit is…

Palestinians, in short, are saying that they refuse to accept funding by any party that does not accept their conditions and demands. It is as if someone applies for a loan from a bank but demands that the bank accept his or her demands, and not the