The Business Times

Desmond Lachman

THE WRITER, A SENIOR FELLOW AT THE AMERICAN ENTERPRISE INSTITUTE, IS A FORMER DEPUTY DIRECTOR OF THE INTERNATIONAL MONETARY FUND’S POLICY DEVELOPMENT AND REVIEW DEPARTMENT AND A FORMER CHIEF EMERGING-MARKET ECONOMIC STRATEGIST AT SALOMON SMITH BARNEY

The precise magnitude of the shock the US will face as a result of its war of choice in Iran is difficult to predict, given the array of factors at play.

America’s war, America’s recession

Why the US is particularly poorly positioned to weather a food and energy-price shock

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