Hello and welcome to the Intelligence on Economist Radio.

I'm your host, Jason Palmer.

Every weekday we provide a fresh perspective on the events shaping your world.

Unfinished wood, Edison bulbs, exposed brick.

The truth is, these days, the hipster aesthetic can be found in just about every country,

rich and poor.

We examine the forces behind hipsterdom's spread and admire some finely trimmed beards along the way.

And James Randy was a talented magician, a daring escapologist.

But what he's most remembered for is revealing time and again the charlatanism that he's so despised.

We look back on the life of a brilliant and dedicated debunker.

But first...

The two capitals erupted at almost the same time.

This week there were celebrations in Baku, the capital city of Azerbaijan.

In Yerevan, the Armenian capital, protesters stormed the parliament in the Prime Minister's residence demanding his resignation.

The cause of both scenes was a peace agreement that took effect on Tuesday.

It brings to an end six weeks of fierce fighting and potentially an end to a broader 30-year conflict

over the contested region of Nagorno-Karach.

Ethnically Armenian but inside Azerbaijan, the enclave and seven surrounding areas had been under Armenian control since 1994.

But after fighting broke out in September, Azerbaijan gained back much of the lost ground.

Now, under the new peace agreement, Azerbaijan keeps the areas it took.

Armenia must withdraw from the remaining districts surrounding Nagorno-Karach and Russia will deploy 2,000 peacekeepers.

But the status of Nagorno-Karach itself remains unresolved.

...