Why Iran’s anger at America is rational — and why that is not the same as innocence I see two common frameworks weaving their way through Western media these days, and I’d like to correct them both at once, as… Read More ›
Month: June 2026
What a Central Banker Sees in Crypto AML That Exchanges Miss
Spend enough time inside a central bank and you stop looking at transactions. You start looking at flows. That one shift in altitude is, I think, the biggest blind spot in how a lot of crypto exchanges run anti-money-laundering today… Read More ›
Manchuria & Korea: One Economic Development Model, Sort Of
There is genuine and well-documented continuity from Manchurian economic development to Korea’s economic development today, but the more careful argument — made by Carter Eckert, Bruce Cumings, Han Suk-jung (한석정), Kang Sang-jung (姜尚中 / 강상중), Atul Kohli, and Chalmers Johnson… Read More ›
The Fall of Ming (明)
The end of Ming (明) (1368-1644) was about eight weeks of events that — literally — ended an empire. Note: Wu Sangui did not intend to give China to the Qing. He made a desperate tactical alliance against Li Zicheng… Read More ›
The Explanation Matters More Than the Indignation
The men who launched the American Revolution (1763–1791) were not saints — there were slaveholders, speculators, and schemers among them — but they wagered everything on a set of Enlightenment propositions that no government had ever been founded on before:… Read More ›
Gregory's Writings 