Too many archdukes, too many bullets
Ninety-nine years ago this Friday, Archduke Franz Ferdinand and his pregnant wife Sofia were gunned down in Sarajevo by a nineteen-year old Bosnian Serb nationalist named Gavrilo Princips. The assassinations quickly provoked a crisis that more quickly erupted into world war. Ironically, many of the elites in Europe believed that an early 20th century version of globalization and economic interdependencies on the continent made war too expensive to contemplate or to wage. Indeed, Nobel Prize winner Sir Norman Angell’s The Great Illusion, written in 1910 and required reading for the intelligentsia, made that case eloquently and, as it turned out, entirely wrongly. Today, the nearly four hundred year old Westphalian [...]