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March 14, 2013

Monetary Policy
Exiting from Monetary Stimulus: A Better Plan for the Fed

The U.S. Federal Reserve's monetary stimulus efforts have an undesirable side effect that needs to be managed with great care: the Fed has amassed a huge stock of mortgage-backed securities (MBS) tha…

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June 25, 2012

Afghanistan
What It Will Take to Secure Afghanistan

Afghanistan is approaching a major inflection point in its long and turbulent history. In 2014 most of the foreign military forces are due to pull out. With them will go the bulk of foreign financing…

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