🌐 Global Economy 1d ago · Tyler Cowen

That was then, this is not now?

Marginal Revolution
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The 1941 Anglo-Soviet invasion destroyed Reza Shah — but not the Pahlavi state.  The two Allies — joined by the United States in December 1941 — realized that the Iranian state could be useful in achieving the two goals for which they had invaded the country: physical control over oil — the British nightmare in World War II, even more so than in World War I, was loss of these vital supplies: and a land “corridor” to the Soviet Union…To facilitate the flo

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