Michael Shank
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Michael Shank is US Vice President of the Institute for Economics and Peace - USA, an international research institute dedicated to building a greater understanding of the inter-relationships between business, peace and economics, with a particular emphasis on the economic benefits of peace. Michael is a doctoral candidate at George Mason University's School for Conflict Analysis and Resolution, serves on the board of the National Peace Academy, and is an Associate of the Global Partnership for the Prevention of Armed Conflict headquartered in The Hague. Michael, who recently stepped down as Senior Policy Advisor for US Congressman Honda, regularly contributes to The Financial Times, The Guardian, The Economist, The Washington Times, New York Times, Washington Post, San Francisco Chronicle, Christian Science Monitor, The Nation, Roll Call, Politico, The Hill, among others. Additionally, Michael is a frequent on-air analyst for FOX News, CTV News, Al Jazeera, Russia Today, and Voice of America's Pashto, Dari, Urdu and Somali services. See all of Michael's articles archived at www.michaelshank.net.

Blog Entries by Michael Shank

U.S.-Iran Talks in Baghdad Must Come with Compromise by White House and Congress

(6) Comments | Posted May 23, 2012 | 3:56 PM

Recent Istanbul negotiations between Iran and the P5+1 and this week's Baghdad negotiations have tempered, albeit temporarily, the cry for war.

It was close under President George W. Bush, who rallied regime-changers to invade, but it is worse now. The Pentagon publicly prepares plans, Congress issues crippling sanctions, and candidates...

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The Club for Growth and the Demise of Our Democracy: A Look Beyond Lugar's Loss

(0) Comments | Posted May 14, 2012 | 1:19 PM

Republican Sen. Richard Lugar joins the ranks this month of his ousted moderate colleagues and predecessors, from former Sens. Chuck Hagel and Lincoln Chafee to former Reps. Wayne Gilchrest, Chris Shays and Sherwood Boehlert. Frankly, it is a little depressing. Wait, more than a little. A lot.

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New Study Shows Violence Costing America Over $460 Billion

(46) Comments | Posted April 24, 2012 | 6:15 PM

Today (April 24), the Institute for Economics and Peace released the second annual U.S. Peace Index, which assesses America's peacefulness at the state and city levels and analyzes the costs associated with violence and the socio-economic measures associated with peace.

So just how...

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Why 2013 Budgets Won't Cut It and the Untapped Treasury in Violence

(0) Comments | Posted April 2, 2012 | 10:48 AM

Three months in and 2012 is setting trans-Atlantic records for harsher-than-normal austerity measures and disillusioned voters.

East of the Atlantic, Greece struggles to regain footing while Portugal, Italy and Spain teeter on the brink. West of it, the politicians in Congress, for...

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Trayvon Martin's Lesson for Maryland: Appeal Gun Law Ruling by Federal Judge

(28) Comments | Posted March 29, 2012 | 2:56 PM

Lest we think the tragic killing of Trayvon Martin in Florida has little legal relevance for our Washington metro area, think again. All eyes should be on the state of Maryland. The U.S. Court of Appeals' decision recently regarding concealed-carry permits means that Maryland residents no longer must...

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Bringing Florida to Justice, Not Just George Zimmerman

(139) Comments | Posted March 25, 2012 | 6:45 PM

To ask "Who is George Zimmerman?" -- as many are now asking -- is perhaps the wrong question. Undoubtedly, Zimmerman needs to be brought to justice in the tragic and unjust killing of Trayvon Martin.

The killing of Trayvon Martin demonstrates how insidiously pervasive racism...

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Lack of US-Syria Diplomacy Leads to Dangerous Isolation

(4) Comments | Posted March 20, 2012 | 6:11 PM

On Syria, there is a back-story from which the US should learn, lest it be repeated again. For years, long before the killing by President Bashar al-Assad's government began, the US preferred a policy with Damascus of disengagement. It is unclear why the White House pursued this - with Syria,...

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In Afghanistan, We Can Only Offer So Many Apologies

(34) Comments | Posted March 13, 2012 | 12:39 PM

Burning Korans and urinating on dead bodies is, without question, bad diplomacy in Afghanistan, but by themselves these latest episodes did nothing to make us reconsider our timetable for leaving. We had plenty of good reasons already to withdraw. It is the recent killing of 16 unarmed civilians that is...

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How Romney's Evil Iran, Congress's Crippling Sanctions and Obama's Unexhausted Diplomacy Are Taking Us to War

(17) Comments | Posted March 12, 2012 | 1:10 PM

Evil is back. Mitt Romney, in his op-ed last week on Iran, resurrected President George W. Bush-era evil finger pointing towards Tehran. What a surprise. And what fertile Congressional ground in which to lay this "evil" egg given Congress's consistent support -- save for a few...

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Why the World Bank Needs Jeff Sachs at the Helm

(30) Comments | Posted March 2, 2012 | 10:57 AM

With Robert Zoellick stepping down from the World Bank helm, there is no better time for a development economist with solid on-the-ground and substantial international experience -- like Dr. Jeffrey Sachs -- to take his place.

There are three clear reasons for...

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What America's Manufacturing Sector and Labor Policies Can Learn From Germany

(10) Comments | Posted February 24, 2012 | 11:00 AM

As Germany continues to rise as lead survivor -- and decision-maker -- in the European Union's economic mire, the U.S. would do well to take a lesson from the country's economic model, particularly in manufacturing.

Losing 4 million jobs over the past 10 years, U.S. manufacturing has hovered at roughly...

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Economic Consequences of War on U.S. Economy: Debt, Taxes and Inflation Increase; Consumption and Investment Decrease

(1) Comments | Posted February 22, 2012 | 1:55 PM

The organization for which I work, the Institute for Economics and Peace, released a new report this week detailing the macroeconomic effects of U.S. government spending on wars and the military since World War II.

Our "Economic Consequences of War on the US...

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What Nevada, Florida and South Carolina Have in Common & What Republican Candidates Ignored: A Credible Economic Cure

(73) Comments | Posted February 4, 2012 | 4:19 PM

As the Republican candidates leave Nevada, one topic seems to have escaped their attention entirely: a credible economic cure for what ails the states where they're waging their campaigns for president. Naturally, each of the Republican candidates claims that their economic policy prescriptions are superior to those of their rivals....

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Republican Candidates and Congress Quit Climate Change; Private Sector Counters, Creating Consumer Label

(14) Comments | Posted February 2, 2012 | 8:26 AM

With climate change a non-starter in Congress and among Republican presidential candidates, it is becoming clear that something more than mere nation-state commitments will be needed to counter climate change and reduce global warming. With nations reluctant to recommit to another climate treaty (as witnessed recently...

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Time for a Peace Industry and a Super PAC to Support It

(2) Comments | Posted January 31, 2012 | 11:27 AM

It is ironic that Amish and Mennonites -- arguably some of the least politically active Christian sects in America -- settled in some of the most politically important regions of the country, in states that are critical for their primary caucus value or swing state potential. Iowa is a good...

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What My Amish and Mennonite Forefathers Would Think About My Job in Congress (and Why I Left)

(11) Comments | Posted January 9, 2012 | 2:30 PM

If my Amish-Mennonite forefathers could see me now, I wonder what they would say. If I sat down with America's first Amish bishop (my 6th great-grandfather) or the first Mennonite bishop in Virginia (my 5th great-grandfather), how would they feel about my working in Congress these last three years as...

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House Punt on Payroll Deal Highlights Need for Radical Reform

(0) Comments | Posted December 21, 2011 | 1:54 PM

In light of Congress's failure to wrestle up short-term cost-cutting measures for our country, we must not lose sight of longer-term concerns about the sustainability of our deficits, debts and, ultimately, our budgets. While we tempt deadlines now, trimming where feasible, we will land in this position on multiple occasions...

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What River Phoenix and $38 Trillion Can Teach Us About Peace

(3) Comments | Posted December 5, 2011 | 11:24 AM

This post was co-written with Dot Maver and Joaquin Phoenix.

Look at 2011's most significant events, those that will have an indelible impact on our future. We saw new wars, revolutions, record-breaking global population growth, climate-related disasters and poverty and income inequality statistics. We also witnessed innovative...

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Iraq's Lesson for Libya: Thousands of Armed, Young, and Unemployed Men Now Need Jobs

(3) Comments | Posted December 1, 2011 | 11:23 AM

With the excitement about Moammar Qaddafi's downfall beginning to fade, Libya's new management has begun governing and reconstructing the war-torn nation.

Plenty of attention is being paid to the governance angle: Is the National Transitional Council a legitimate, representative body? When will elections be held? Is the new Libya going...

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Tax Loophole Users, Companies with Negative Tax Rates, Exacerbating US Income Inequality

(19) Comments | Posted November 16, 2011 | 2:41 PM

The fact that America's biggest companies paid no federal taxes may come as no surprise to Washington. The report released earlier this month by nonprofit groups Citizens for Tax Justice and the Institute on Taxation and Economic Policy shows that 30 of the top 300 companies paid no...

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