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By Djavad Salehi-Isfahani, Project Syndicate

Simply by surviving a brief war against two nuclear powers, the Islamic Republic can claim a kind of victory. But whether ordinary Iranians can do the same will depend on which strategy the leadership pursues now: ideological hardening and militarization, or economic modernization and reconstruction?

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Unhappy Anniversary

Closing the gold window left the US with a pure fiat currency. The results have been disastrous.

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