Journalist Bethany McLean digs deep into the cycles of boom and bust that have plagued the American oil industry for the past decade, from the financial wizardry and mysterious death of fracking pioneer Aubrey McClendon, to the investors who are questioning the very economics of shale itself. McLean finds that fracking is a business built on attracting ever-more gigantic amounts of capital investment, while promises of huge returns have yet to bear out. Saudi America tells a remarkable story that will persuade you to think about the power of oil in a new way.
The Brookings Doha Center hosted an event on May 23, 2016, which examined religious pluralism in the Middle East. Nicolas Pelham, a correspondent on Middle East Affairs for the Economist magazine, discussed his recent book, Holy Lands: Reviving Religious Pluralism in the Middle East. He was joined by Abdelwahab el-Affendi, head of the politics and… more
"It’s hardly surprising, given the mayhem and misery across the Middle East, that people who know and care about the region are scratching their heads trying to explain, never mind solve, its overarching problems," Ian Black, The Guardian's Middle East editor, wrote in his recent review of Holy Lands: Reviving Pluralism in the Middle East. There… more
Among the regular cast of characters who populate the pages of Hungary’s newspapers and magazines, the one whose fame is hardest to understand in a country long proud of its disproportionate share of Olympic medals and Nobel Prizes may be the man usually identified simply as the prime minister’s dentist. Bela Batorfi’s rise to fame can… more
In an age when twenty million refugees are displaced worldwide, when passports are easily bought and sold, and when whole countries might soon be submerged by rising tides, are national borders truly relevant? Adapted from The Cosmopolites and published in Columbia Magazine. So many stories begin with borders. I was brought up with no sense of a… more
In simple environments, people acquire new capabilities by acquiring new objects. In complex environments, people acquire new capabilities by using new services. And as anyone who’s busily added apps to their smartphone knows, the one problem apps are no good at solving is the problem of having too many apps. Environments with rising complexity always… more
“If the housing market tanks, so does the stock market. No matter who you are, this is hugely impactful. And no one is talking about it. No one realizes it.” —Ryan Israel, partner at Pershing Square Capital Management. On a bitterly cold gray day in December 2014, there was a strangely large crowd at the… more