Risk & Opportunity

A quarterly political and economic newsletter published by Michael Cuddehe

The objective of R&O is to provide social, political and economic commentary on developments that impact the trajectory of our society from the perspective of the marketplace. Special emphasis is given to long-term structural and systemic issues.

Q1 '15

Rationalizing Lunacy

The title of this quarter’s letter is taken from an article by Andrew Bacevich, professor emeritus of International Relations and History at Boston University. “Rationalizing Lunacy: The Intellectual as Servant of the State,” reprinted below with permission, addresses the impact of policy intellectuals on our foreign policy….characterizing them as “a blight on the Republic.”

Mr. Bacevich is a prolific author on the topics of foreign policy, national security and military affairs. He is an advocate for the Army and for the professional soldier. He both graduated from and taught at West Point, and served in Vietnam, retiring from the Army with the rank of Colonel. He lost his son, who was serving as an Army officer in Iraq, in 2007.  ... more

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