The world's task in addressing North Korea's saber-rattling is made no easier by the fact that it confronts an impoverished and effectively defeated country. On the contrary, it is in such circumstances that calm foresight is most necessary.

The genius of the Habsburg Empire's Prince Klemens von Metternich in framing a new international order after the Napoleonic Wars was that he did not push a defeated France into a corner. Although Metternich sought to deter any possible French resurgence, he restored France's prewar frontiers.

By contrast, as U.S. statesman Henry Kissinger has argued, the victors in World War I could neither deter a defeated Germany nor provide it with incentives to accept the Versailles Treaty. Instead, they imposed harsh terms, hoping to weaken Germany permanently. We know how that plan ended.