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Trillions

John Maynard Keynes famously said that “when the facts change, I change my mind. What do you do sir?”. Today with widespread reports of...

The Embassy

President Joe Biden’s “Summit for Democracy” is approaching. In early December, announced the State Department, “President Biden will host the first of two Summits for...

The Embassy

During the 1962 Cuban missile crisis, after learning Nikita Khrushchev had broken his commitment not to deploy nuclear-capable ballistic missiles on the island, John...

Uncategorized

As tensions between Russia and the West persist and the threat of an invasion of Ukraine looms, Moscow proceeded with a most unusual move....

Dr. James Holmes: The Naval Diplomat

Dr. James Holmes: The Naval Diplomat

Not long ago I watched a remarkable film titled Only the Brave. Someone mentioned it online, and it’s a firefighting movie. I’m a sucker...

Dr. James Holmes: The Naval Diplomat

What do Russians want? Moscow seems to be going out of its way to keep its “near abroad”—Russian-speak for the erstwhile Soviet empire, in...

Dr. James Holmes: The Naval Diplomat

So the Pentagon released its latest report on Chinese military power this week, under the splashy title Military and Security Developments Involving the People’s...

Dr. James Holmes: The Naval Diplomat

NHK reports that China stands ready to ink a Code of Conduct for the South China Sea. Do tell. At this month’s (online) 24th...

Smart Bombs

Smart Bombs: Military, Defense, National Security and More

Gatling Gun Can Do Some Damage Aboard Army Future Helicopter Program: A new US Army Gatling gun is getting ready to rock your world...

Smart Bombs: Military, Defense, National Security and More

Engine Contract Shows F-15EX is Here to Stay: Critics of the F-15EX have pointed out that money spent on the 4th-generation, non-stealth fighter, should...

Smart Bombs: Military, Defense, National Security and More

Picking the right design for the Royal Australian Navy’s nuclear-powered submarines is extraordinarily complex and difficult choices will need to be made. There are...

Smart Bombs: Military, Defense, National Security and More

The long-awaited and much-delayed 2021 China military power report, released by the US Department of Defense earlier this month, makes for interesting reading. The report...

Trillions

Trillions

President Joe Biden has done the right thing to resist strong pressure from the Democratic Party’s progressive wing to replace Jerome Powell as head...

Trillions

In 2009, when asked why Citibank kept lending aggressively on the eve of the US housing and credit market bust, Chuck Prince famously said...

Trillions

On Wall Street, the more sophisticated traders are in the habit of asking investment analysts with strongly held views what factors might prove them...

Trillions

A sound piece of policy advice is that when you find yourself in a hole you should stop digging. Judging by today’s Federal Reserve...

The Embassy

The Embassy

Tens of thousands of Kurds took to the streets of Sulaimani, Iraqi Kurdistan in recent days, protesting declining living standards and corruption. The demonstrations...

The Embassy

In recent months, both Russia and China have been making threatening military moves directed against the countries of Ukraine and Taiwan. Many in the...

The Embassy

Last week Russia blew up one of its own satellites in a surprise test of its anti-satellite capabilities. This is far from the first...

The Embassy

Rumors are flying once again that Russia is planning to invade Ukraine. The latest flurry of concern intensified when Brig. General Kyrylo Budanov, Ukraine’s...

Coronavirus

Coronavirus Chaos

The people of Taiwan have been living in a parallel world since June 2020, with the island recording more than 250 consecutive days without any domestic...

Coronavirus Chaos

As Cato has long pointed out, the law takes a paradoxical stance toward so‐​called “off‐​label” use of drugs approved for use by the Food and Drug Administration...

Coronavirus Chaos

There’s clearly an open divide in the United States between those who are vaccinated and those who are not. But among those who are,...

Coronavirus Chaos

Over the past year, most Americans already have received three stimulus checks in total—with the latest payments amounting to more than $400 billion approved...

Politics News

Politics

Canada may send additional troops and jet fighters to Ukraine in a bid to deter a possible Russian invasion. “Two sources with knowledge of...

Politics

What does it mean to say that the United States suffers from an “Imperial Presidency Problem?” For at least the last fifty years, it...

Politics

The acquittal of Kyle Rittenhouse has divided the nation—again. Not that the nation needed any dividing. But politicians and the press can’t resist a...

Politics

European leaders may well be victims of their own success. Having incessantly drawn the world’s attention to the problem of climate change, the world...

Hermit Kingdom

Hermit Kingdom

Let me state up front that I want peace on the Korean peninsula, and I think all Koreans and Americans want peace. The question...

Hermit Kingdom

Over the difficult past year and a half amid the ongoing coronavirus pandemic, Congress has approved the delivery of three stimulus checks to most...

Hermit Kingdom

Kim Jong-un, Chairman, General Secretary, and Supreme Leader of North Korea, no longer looks the part of “Fatty Kim,” as he once was insulted...

Hermit Kingdom

Amid calls for increasing dialogue with Pyongyang from both Washington and Seoul, North Korean leader Kim Jong Un continues ratcheting up the pressure with...