2+ week, 3+ day ago   (513+ words) When the stakes are high and time is short, those advocating interventionist economic policy have a stronger-than-usual case for urgent and direct action. During the COVID-19 pandemic, Washington worked with industry to speed vaccine creation and deployment. With thousands of…...

2+ week, 5+ day ago   (185+ words) After six months of off-and-on conflict with the regime of the Islamic Republic of Iran, another deadline for a deal has come and gone. As the President mulls his options, whatever step he takes next will likely involve continued activity…...

2+ week, 6+ day ago   (290+ words) A recently released memo signed by Deputy Secretary Feinberg on “Supplier Cost and Pricing Transparency” may be the worst and most damaging piece of defense acquisition and industrial policy written in the last 50 years. It essentially returns defense contracting to…...

3+ week, 2+ day ago   (383+ words) Unable to win the war against Iran, President Trump is unrolling a new strategy: pretending to win. The U.S.-Iran cease fire, honored mostly in the breach for its sixty day term, has lapsed with no negotiations to extend it. President…...

1+ mon, 2+ hour ago   (587+ words) Late last month the tiny Spanish territory of Ceuta, an enclave on the North African side of the Strait of Gibraltar, was suddenly overrun by an influx of tens of thousands of migrants—overwhelmingly, young Moroccan men. (Spain’s Interior Minister…...

1+ mon, 1+ day ago   (162+ words) But aren’t we on the cusp of the biggest defense budget in history? Well, no really. The Republican Congress is failing to deliver and is rapidly running out of time to do so. Recognizing that and making sense of all…...

1+ mon, 1+ week ago   (419+ words) In The Sun Also Rises, when one of Hemmingway’s characters was asked how he went bankrupt, he replied “first gradually and then suddenly”. As 30-year US bond yields climb to their highest level since 2007 in response to the country’s unsustainable…...

1+ mon, 1+ week ago   (165+ words) One political story transfixes the nation: today’s Senate primary in Michigan. Americans are watching intently to see who wins. Will it be Abdul El-Sayed, an insurgent left-winger, or Haley Stevens, a Congresswoman favored by the Democratic establishment? The stakes are…...