The Irrational Exuberance About the Iranian Economy

The Irrational Exuberance About the Iranian Economy

March 6, 2016

“You’re so happy!” I couldn’t help but smile at Kaveh as I climbed into the backseat of an old, white Iranian Peugeot taxi on a warm May evening in 2014. By any measure, my friend should have been stressed: He had spent the last 90 minutes winding his way through Tehran’s congested traffic trying to find me…”

The nuclear deal was supposed to spark a new era of prosperity for Iranians. But Iranian politics — and American politics — still stand in the way.

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Foreign Policy