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October 13, 2017

United States
navy birthday Happy 242nd Birthday to the U.S. Navy!

The U.S. Navy turns 242 years-old today. On October 13, 1775, the Continental Congress commissioned two ships, each with eighty sailors, “for intercepting such transports as may be laden with warlike…

February 7, 2018

Nuclear Weapons
Ian Dudley/Reuters U.S. Nuclear Weapons Modernization

U.S. strategic and tactical nuclear weapons on land, in the air, and at sea, will undergo costly and extensive modernization in the coming years.

February 12, 2018

Immigration and Migration
A U.S. Border Patrol agent keeps watch along the fence next to the U.S.-Mexican border in Calexico, California, February 2017. The U.S. Immigration Debate

Comprehensive immigration reform has eluded Congress for years, moving controversial policy decisions into the executive and judicial branches of government.

February 2, 2018

Monetary Policy
Federal Reserve The Role of the U.S. Federal Reserve

The role of the Federal Reserve has transformed in the past decade, as it has deployed trillions of dollars to boost the U.S. economy while expanding its regulatory oversight of the nation’s financia…

February 15, 2018

China
U.S. President Donald Trump takes part in a welcoming ceremony with China's President Xi Jinping in Beijing, China, November 9, 2017. U.S. Policy Toward China: Dumping the Baby, the Bathwater, and the Tub

According to a recent Foreign Affairs article, U.S. policy toward China has failed. Two senior Asia officials who served in the Obama administration, my good friends Kurt Campbell and Ely Ratner (who…

February 9, 2018

United States
The Impact of Tax Arbitrage on the U.S. Balance of Payments The Impact of Tax Arbitrage on the U.S. Balance of Payments

I sat down with the FT's Matt Klein for an Alphachat podcast on the international provisions in the December tax reform.

February 12, 2018

China
The Belt and Road Initiative Didn't Quite Live up to its Hype in 2017 The Belt and Road Initiative Didn't Quite Live up to its Hype in 2017

China's balance of payments data doesn't show any material increase in the pace of offshore lending.

January 29, 2018

United States
Equifax New Cyber Brief: Reforming the U.S. Approach to Data Protection and Privacy

Nuala O’Connor from the Center for Democracy and Technology argues that Congress should create a single legislative data-protection mandate to protect individuals’ privacy and reconcile the differenc…

February 9, 2018

Vietnam War
Tet Offensive Lessons From the Tet Offensive

Last month marked the fiftieth anniversary of the start of the Tet Offensive. Yesterday I had the good fortune to discuss the lessons of Tet with three experts on the Vietnam War, Frances FitzGerald,…

January 17, 2018

U.S. Congress
Royce-Africa-Powell-Congress Ed Royce, Champion of Africa in the U.S. House, Will not Run for Reelection

This is a guest blog post by Anthony Carroll. Anthony is founding director of Acorus Capital, a private equity fund investing in Africa, and a vice president of Manchester Trade Limited, an internati…