Russia’s military assault on Ukraine caps a period of political attacks on democracy around the world. One must therefore hope that the
The Global Struggle for Democracy Is in Ukraine
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Risk, Uncertainty and Markets
Even after recent market volatility, investors may still be underestimating the risks of Russia’s invasion of Ukraine.
Windows into Putin’s Soul
Look upon these works, ye mighty, and despair.
Stop Financing Putin’s War
Every day, the European Union, the United Kingdom, and the United States send Russia an average of $500 million for oil and gas. But there
Russia – How Did it Come to This?
What could possibly salvage the wreckage that remains of Russia’s botched transition from communism to a pluralist market economy?
Ways We Can Help
The defense of freedom requires action, no matter how large or small. Please consider a donation to help those suffering in Ukraine. We are
Ukraine: Implications for Investors
The invasion of Ukraine has near and long-term consequences for investors. It is not as simple as ‘buy the dip’.
No, Prices Won’t Stabilize in 2022
Inflation is a monetary phenomenon. Get used to it. It won’t fade away anytime soon.
Russia’s Stolen Future
By invading Ukraine, Russian President Vladimir Putin is challenging not only that country’s independence but also the broader European
The Invisible Students
Our educational system is failing immigrant students, eroding the promise of our future.
The False Narrative of Elitism
In our love and hate of elites exists the false belief that some group is at fault for whatever ails us collectively.
Productivity Stirrings
If we can force ourselves to disengage from the moment, significant developments are taking place that could reshape our thinking about growth,
The Trust-but-Verify Path to Net Zero
Comparisons between today’s China-US tensions and the Cold War are often superficial and misleading. But reviving the maxim that underpinned
Biden’s Misery Index
Historically, the Misery Index – the sum of the unemployment and inflation rates – has offered a sound benchmark for assessing an incumbent
Reject Indifference
Dreamers and innovators need hope the way others need oxygen, and it is our job to support them accordingly.
Putin and the Eye of Sauron
As Russia prepares for a possible imminent invasion of the Ukraine, the financial market’s Eye of Sauron must now grapple with this major
America’s Not-So-Great Inflation
The acceleration of US inflation in recent months has led many alarmed observers to point to parallels with the 1970s, when commodity prices
Realism About Foreign-Policy Realism
In a world of sovereign states, foreign-policy decisions naturally should account for national interests and the broader balance of power.
Banks and the Green Leap Forward
By imposing stricter capital requirements on fossil-fuel lending, governments and banking regulators can help to redirect a huge flow of funds
Wall Street is Wrong about Inflation
Sometimes, the conventional wisdom is unwise. This is one of those times.
The Fed’s Wary Embrace of Digital Dollars
It is not difficult to fathom why the United States’ central bank is especially resistant to any quantum change in the existing financial
The South China Sea’s Environmental Crisis
The environment is rarely served by great power politics. China’s territorial ambitions in the South China Sea are hastening the destruction
What Have You Done for me Lately?
The consensus has shifted. The Fed is expected to tighten a lot in 2022. But crowds are not always wise. Peaking inflation and moderating
Guns and Shots
Pandemic control and gun control offer important, and overlapping, lessons.