Good morning, listeners! We have a great show for you this week as host Richard Aldous welcomes Michael Mandelbaum back to the podcast to discuss the eurozone’s euromess and evaluate the Iran nuclear deal.
Michael Mandelbaum is a member of the TAI Editorial Board, the Christian A. Herter Professor of American Foreign Policy at The Johns Hopkins University School of Advanced International Studies, and no stranger to the podcast. This week he speaks about the EU’s negotiations with Greece to keep it in the euro, as well as about the recent nuclear deal between the West and Iran, arguing that in both cases the agreement on offer fails to solve the problem it was supposed to address, merely postponing it. On Iran, he points out that the United States has been hamstrung in negotiations by its inability to threaten a credible use of force, and says the deal represents a profound shift in global non-proliferation. On Greece, he says that the crisis first reared its head in 2010, but was allowed to fester through a series of stop-gap measures that have only made the current situation that much more painful for all parties involved. He argues that the structural formation of the eurozone dooms its members to a recurrent cycle of crises.