America has enormous power, but the Biden Administration and the Federal Reserve are abusing it.
David P. Goldman
Addressing stagnation will require government intervention, but of a highly selective kind aimed at spurring innovation.
It is magical thinking to believe that the United States can run large deficits indefinitely.
It is high time to focus on what China does right rather than what it does wrong—and undertake to do it better.
Eastern European leaders haven't lived out Montesquieu’s ideal of checks and balances, but their actions fall far short of Nazism.
The fact that America no longer needs to play policeman in the Persian Gulf compels the Gulf states to act responsibly as a matter of self-preservation.
Democracy may be superior to authoritarianism, but that does not guarantee that every democracy will prevail over every autocracy.
The market has sent a shot over our bow to tell us that we cannot accumulate budget and trade deficits forever.
The coronavirus epidemic is a shock to China’s political system, but—unless the death toll spirals out of control—it is probably one China can absorb.
Quantum communications, a Chinese invention, have revolutionized signals intelligence. The United States needs to catch up.
Only regaining U.S. technological superiority, and placing it once again at the center of U.S. strategy, can revitalize the NATO alliance.