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A Federal Reserve Unbound

A Federal Reserve Unbound

For more than three decades, the Federal Reserve has steadily expanded its role in the American economy. From a relatively narrow mandate as a lender of last resort to commercial banks, to inflation and employment targeting, it now operates as a systemic backstop for...

Army Fiasco Train in the 21st Century

I was astonished in 2009 when I saw the cancellation of the Future Combat System contract to usher in the next generation of armored vehicles. The Army cancelled the billions-dollar program and got to witness the Army continuing to burns through tens of millions a...

News Roundup 4/23/2025

News Roundup 4/23/2025

Russia Russia Welcomes US Statements Ruling Out Ukraine Joining NATO AWC Report Claims Putin Willing To Halt Ukraine Invasion Along Current Frontlines AWC Israel Israel’s Smotrich Says ‘Gaza Problem Must Be Eliminated,’ Hostages Not Main Priority AWC Israel Deploying...

Seven Reasons Not to Bomb Iran

Seven Reasons Not to Bomb Iran

“There are two ways Iran can be handled,” U.S. President Donald Trump has said, “militarily, or you make a deal.” National Security Adviser Mike Waltz advocated for the military solution; Director of National Intelligence Tulsi Gabbard and Vice President JD Vance...

MAGA or ‘Khanservatism’?

MAGA or ‘Khanservatism’?

Temu, a Chinese-based online retailer that has been available in the United States since the fall of 2022. Quickly become a leading online retailer, Temu has grown so fast that Bernstein analyst Robin Zhu projects that the site will generate as much as $1.8 billion in...

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