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The Limits of Legal Agreements as Security for Israel

By Louis René Beres

For millennia, states and empires have negotiated formal agreements to protect themselves. Usually known as treaties, these agreements are always in written form, and are always fashioned and evaluated according to pertinent international law. Problems arise, however, whenever particular signatories decide that continued compliance is no longer in their own “national interest.” It follows that treaties can be useful when there exists an enduring mutuality of interest, but can become more or less useless whenever such mutuality is presumed to disappear.

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Economic Volatility, Hyper Consumption, and the “Wealth of Nations”

By Louis René Beres

Adam Smith published his Inquiry into the Nature and Causes of the Wealth of Nations in 1776. A revolutionary book, Wealth did not aim to support the interests of any one particular class, but rather the overall well-being of an entire nation. He sought, as every American high-school student learns, “an invisible hand,” whereby “the private interests and passions of men” will lead to “that which is most agreeable to the interest of a whole society.”

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