Bloomberg View
Barry Ritholtz
04/13/2015
The possibility of a deal to limit Iran's nuclear capabilities and end the international trade sanctions against the country raise a fascinating question: Will there be a peace dividend?
A look at history may provide some insight. Based on what we have seen in the past, it is possible that an agreement would have a positive economic impact. But there are many variables that will determine the outcome, not the least of which is what this obstructionist Congress does.
For those too young to remember, the “peace dividend” was a term popularized by former President George H. W. Bush in the early 1990s. It referred to ... (more)
