The Rogue Who Carne in From the Cold The recent trial of two Libyans for the 1988 bombing of Pan Am flight 103 over Lockerbie, Scotland, raises a vexing problem for U. S. policymakers: What should Washington do when American containment policy starts to pay off and a "rogue" state starts to reform? After years of international isolation, Colonel Muhammar Qaaddafi is ending his belligerence and starting to meet many of the demands placed on him by Washington and its allies. Now President Bush must figure out how to keep the pressure on while recognizing Libya's progress and helping reintegrate it into the world community

The U. S. Trade Deficit: A Dangerous Obsession The United States is obsessed with its ever-growing trade deficit. Yet trade is no longer a valid measure of global competitiveness. Today U. S. firms compete in the world marketplace through foreign affiliate sales instead of exports-and they do so with unparalleled success. Overblown fears about the burgeoning trade deficit, along with a slowing U. S. economy, could spark protectionist policies in Washington, which could then trigger redamations around the globe. This outcome not the size of the trade deficits the greatest danger

Despotism in Brussels? Larry Siedentop's Democracy in Europe contrasts the tyrannical bureaucracy in Brussels with the federal republic that inspired Alexis de Tocqueville's Democracy in America. But the author's political nostalgia overlooks the European reality