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The Peace Corps Is Broken: Here Are Ways to Fix It
On 3 April 2024, the DC-based newspaper The Hill published a short version of this co-authored essay. Here is the long version.
Aug 1, 202413 min read


One of My Lifetime Best Stories
It starts in India in 1965, I was in the Peace Corps, continues in Bali, and finishes up in Paris. The main character is a French woman.
Jul 16, 20247 min read


Settling Estates in France
Two of my distant French cousins died and I ended up being the heir of one estate and settling the other in the absence of a will...
Jul 2, 202417 min read


Saving Ukraine
In 2022, I joined a group of ex-US Treasury officials to advise the Ukraine
government on key issues in international finance.
Jun 3, 20246 min read


Myanmar Update June 2024
There is only bad news in this update. The military junta started conscripting men for the army, plunging the country into chaos.
Jun 1, 20246 min read


Update on 21 May 2024: Yes, Elizabeth, banking needs to be boring again!
A few weeks ago, I stumbled across an ad from PNC Bank, perhaps embedded in a Google search. It featured the President of PNC Bank...
May 21, 20243 min read


China's Demographic Future
This is my lifetime best publishing achievement. I don't expect to ever top it in terms of readership and policy significance.
May 6, 202410 min read


Stopping the Rich from Getting Richer
The essay in The Atlantic proposes global wealth cap, resonating with my 2016 message to the President of Brookings on wealth inequality.
Apr 17, 20246 min read


We Think the Peace Corps Needs to be Fixed
Kevin Quigley and I drafted a 3,000-word essay last summer on "The Future of the Peace Corps". A short op-ed version has just been posted on
Apr 6, 20242 min read


What Happened to Our Sense of Community?
There is very little sense of community in my new residence. Does it matter? Is it
related to the creation of the internet?
Feb 20, 20243 min read


Apologizing for My Absence
No new posts for more than two months because of my crazy life of travel and writing. I’m working on some topics of above-average interest.
Nov 10, 20233 min read


The Termessos Phenomenon
Termessos is a city in Turkey that held off an attack by Alexander the Great in 333 BC. This is a story about historical preservation.
Sep 7, 20233 min read


How to fix the World Bank--in 1981
In 1981, I had been working in the US Treasury Department for more than five years on issues related to the roles of the IMF and World Bank.
Aug 16, 20231 min read


Jimmy Brown and the Toothpick
Here is a favorite story from my youth. I told it to a friend in a conversation last week and he urged me to write it up and post it.
Jul 25, 20232 min read


Spring Meetings of the IMF and World Bank
The problems facing the world today seem endless and intractable. Don’t expect any breakthroughs at the IMF/World Bank meetings this week.
Apr 10, 20237 min read


Yes, Elizabeth, banking needs to be boring again!
Last Oct, the Financial Times published my Letter to the Editor suggesting that banking needs to be boring again. Now Senator Warren agrees.
Apr 9, 20232 min read


Corporate Social Responsibility is a Rip-off
Here’s why “corporate social responsibility”, often simply CSR, is a reflection of a
broken political/economic system.
Mar 13, 20234 min read


Get Ready for Central Bank Digital Currencies
If you came across references to Central Bank Digital Currency (CBDC), did you wonder if it is like cryptocurrency? Good CBDCs are very diff
Feb 23, 20235 min read


Universal Basic Income is Not a Crazy Idea
Universal Basic Income sounds crazy but it has been tested and might be adopted in the USA before the end of this century.
Feb 7, 20234 min read


Yes. My Great-Grandfather Was Sultan Hamid II’s Doctor
During my one-week visit to Istanbul, I met two Turkish history professors who are experts on the Ottoman Empire. I have hard evidence now.
Feb 1, 20232 min read
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