Swiss Economicblogs.org
Some historians give Adlai Stevenson credit for inventing the word “brinkmanship” as part of his criticism of US foreign policy under Dulles, who said that “if you are scared of going to the brink, you lost.” But surely we can agree that the tactic is as old as civilization. The idea is you take the issue to the very edge, risking a significant confrontation, to force a deal, is the way it may seem. The Cuban Missile...
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