The United States and most of the rest of the world are, once again, in the midst of an inflationary crisis. Prices in general are rising at annualized rates not experienced by, especially, the industrialized countries of North America and Europe for well over 40...
Russia After over 10 months of fighting between Russian and Ukrainian forces, there’s no sign that 2023 will bring peace to Ukraine as the warring parties have radically different demands, and the US continues to escalate aid for Kyiv and its role in the war. AWC...
I hate to gloat but, screw it. I’m gloating. With every FOMC meeting this year, Jerome Powell has become more and more hawkish, but the denial of this still dominates the headlines. He raised the Fed Funds Rate to 4.5% last week, a level unthinkable to nearly...
This paper was originally published by Oxford University Press on behalf of the International Studies Association and is reprinted with permission of author. Through the use of survey methods, the study presents the first systematic comparison of America-based...
In case you've been completely in the dark for the last decade, you've likely noticed that the United States is currently in the midst of an opioid crisis. This crisis knows no demographic, no race, no gender, no age limit, and no occupation—it hits them all. Due to...
Russia Congress unveiled on Tuesday a massive $1.7 trillion omnibus funding bill that includes $45 billion in new Ukraine aid, which will bring total US spending on the war to about $112 billion. AWC Russia’s Foreign Ministry warned on Monday that Washington’s...
Just as I predicted back in October, Congress pushed its discretionary spending deadline back by one week, from December 16 to December 23. This comes as no surprise as congressional leadership is once again trying to ram through a massive omnibus bill before the year...
It’s an economic article of faith among almost every school of economic thought that central banks raising interest rates curtails economic growth and lowering interest rates stimulates short-run economic growth. The problem with this assertion by nearly every...
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