Middle-east Arab News Opinion | Asharq Al-awsat

Sebastian Mallaby, Author at ASHARQ AL-AWSAT English Archive
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The Dirty Little Secret of Central Banking

The Dirty Little Secret of Central Banking

For more than a third of a century — arguably, since Paul Volcker’s appointment to the Federal Reserve chairmanship in 1979 — the central bank has focused on a single goal: to reduce and stabilize inflation. Legally, it has been required to target full employment,...
EU Referendum Exposes Britain’s Political Decay

EU Referendum Exposes Britain’s Political Decay

The Washington Post By Sebastian Mallaby The scariest thing about Britain’s referendum on European Union membership — and the thing that ought to resonate acutely with Americans — is what it exposes about the political culture: the refusal to take responsibility, the...