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 […]

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

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…