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May 3, 2024

Japan
The U.S.-Japan Alliance

The alliance with Japan has been the cornerstone of U.S. security policy in East Asia for decades. Now, Japan’s role in global security is growing as challenges from China and North Korea mount.  …

Former U.S. Defense Secretary Leon Panetta addresses U.S. and Japanese forces at Yokota Air Base outside of Tokyo, October 24, 2011.

April 16, 2024

United States
Is Rising Student Debt Harming the U.S. Economy?

Higher education provides students many socioeconomic benefits and increases the global competitiveness of the United States, but mounting student loan debt has sparked a debate over federal lending …

Protestors hold "cancel student debt" signs outside the U.S. Supreme Court.

October 20, 2023

Monetary Policy
What Is the U.S. Federal Reserve?

Over the past decade, the Fed kept interest rates low while it deployed trillions of dollars in stimulus and expanded its regulatory oversight. Now, the central bank is back in the spotlight for its …

A stone bald eagle perches on the Federal Reserve building in Washington, DC.

June 27, 2023

United States
What Happens When the U.S. Hits Its Debt Ceiling?

U.S. lawmakers have increasingly used the debt ceiling to re-litigate congressional spending, risking default and sparking debate over whether to abolish the ceiling.

An exterior view of the Capitol dome with storm clouds in the background.

December 14, 2021

Olympics
The Economics of Hosting the Olympic Games

The costs of hosting the Olympics have skyrocketed, while the economic benefits are far from clear. This has led to fewer states interested in playing host and a search for options to lighten the bur…

Lighting the Olympic Torch

March 2, 2023

United States
The State of U.S. Strategic Stockpiles

President Joe Biden has tapped the nation’s emergency reserves several times over the past year. The Strategic National Stockpile is just one of the reserves that the United States maintains for econ…

Members of the Oklahoma National Guard Oklahoma National Guard walk toward the front of the Strategic National Stockpile Warehouse after unloading medical supplies.