To suggest that Chinese businesses and Chinese nationals should be allowed to buy farmland in the United States will intuitively send many conservatives reeling. “But…but…it’s a national security threat!” This is presented by both Republicans and Democrats as the core...
In 1989, the economist John Williamson introduced the phrase “Washington Consensus” to the politico-economic lexicon. It was shorthand for a set of interrelated policies that, taken together, would free trade within states and between them while boosting overall...
Economists rely on Vector Autoregression (VAR) models to forecast macroeconomic time series that may infer the effects of structural shocks and estimate unobservable cyclical components of macroeconomic aggregates. A VAR model is made up of a system of equations that...
A decade ago I attended a charity event dedicated to children from all over the world that had experienced horrible things. There was a little girl, around 11, who had lost both of her legs and her eight year old brother. International doctors had managed to save her...
In recent weeks, the world has been vibrating with multipolarity in ways barely picked up by the mainstream news. Iran is a regional power that pursues a foreign policy that defies U.S. hegemony and refuses to get in line with the American vision of a unipolar world....
Republicans are terrible on China. Examples abound, but perhaps the most instructive illustration of this long-term handicap comes from the following quotation: “We must be prepared to go it alone in China if our allies desert us. We must not fool ourselves into...
Fentanyl has caused many overdose deaths in recent years, and much of it has entered the United States through Mexico. A number of politicians have thrown their support behind a proposal to officially label narcotics traffickers based in Mexico as “terrorists." Not...
Last week, context was added to Murray Rothbard’s assertion in Wall Street, Banks, and American Foreign Policy that American foreign policy underwent an abrupt shift during the second Cleveland administration (1893-1897). I argued that American foreign policy from...
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