Economy

Measuring the Cost of Violence

PHILADELPHIA INQUIRER 01/12/12 By Michael Shank and US Congressman Michael Honda (D-CA) Homicide, other violent crimes, incarceration, policing, and guns are costing this country hundreds of billions of dollars, and millions of jobs, every year. According to conservative estimates by the Institute for Economics and Peace, if the United States […]

Eight Ingredients for a Peaceful Society

CHRISTIAN SCIENCE MONITOR 12/19/11 By Michael Shank What makes for a peaceful society? Hot spots from Congo to the Middle East would benefit from such knowledge. But so would the United States, which, at home, isn’t always so harmonious and abroad, is still at war in Afghanistan. The Institute for […]

America Cannot Afford Such Inequality

THE GUARDIAN 10/05/11 By Michael Shank The huge costs of social deprivation make the US poorer, even as the top 1% gets richer. Fix that and you fix the budget deficit On the heels of the US government’s announcement that personal income of Americans has dropped for the first time […]

The Costly Errors of America’s Wars

THE GUARDIAN 07/25/11 By Michael Shank After ten years, $4tn and thousands of lives, the US needs an exit from the depressing impasse of its militarised foreign policy This month, as the Pentagon and the CIA countenance a changing of the guard – welcoming Defence Secretary Leon Panetta and CIA […]

Peace is Profitable: Time for the US to Invest

CHRISTIAN SCIENCE MONITOR 07/11/11 By Michael Shank Looking to save the world trillions of dollars? How about investing in peace and nonviolence? Australia’s Institute for Economics and Peace recently released its 2011 Global Peace Index, citing a veritable “who’s who” of peaceful countries. It counted up the savings had the […]

Why Washington Must Look to Ankara

THE HILL 05/17/11 By Michael Shank America has yet to figure out whether Turkey is friend or foe. With conflicts in Libya and Afghanistan, and tsunamis in Japan and Indonesia, Turkey’s generous military and aid contribution pleases Washington. With Armenia, Israel and Iran, however, Turkey spurns Washington for refusing the […]

A Real December Review for Afghanistan

THE NATION 01/03/11 By Greg Kaufmann The War in Afghanistan is the longest in US history [1], at 110 months, and the most expensive, at $1 million per soldier and over $100 billion annually. There have been over 2,200 [2] US and coalition casualties, and tens of thousands of Afghan […]

Talking with the Taliban

THE GUARDIAN 10/14/08 By Michael Shank Wandering seven long years in the mountains and deserts of Afghanistan with hardly an end in sight, the US has just been offered a most fortuitous fix. It likely eludes America’s current president and queuing candidates, Barack Obama and John McCain, but not for […]

Obama, McCain Don’t Grasp Roots of Pakistan’s Instability

THE HILL 09/12/08 By Michael Shank (Regarding article “McCain, Obama applaud Musharraf’s resignation,” Aug. 18.) Have presidential candidates Sens. John McCain (R-Ariz.) and Barack Obama (D-Ill.) learned nothing from the resignation of Pakistan President Pervez Musharraf? Both noted the exit of coup-installed Musharraf should “open the door to cooperation…in the […]

Crime and the Economy are Directly Related

FINANCIAL TIMES 09/05/08 By Michael Shank Sir, In an apparent editorial about-face (“Crime and the credit crunch”, September 2), you claim that larger police forces and harsher prison sentences are responsible for lower levels of crime and that the link between economic growth and crime is weak. This is hardly […]