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…

Nuclear terrorism could cause widespread death and destruction and potentially devastate the global economy. However, not all nations are convinced that acting to prevent nuclear terrorism should be …

The International Military Education and Training (IMET) program, which provides U.S. government funds to members of foreign militaries to take classes at U.S. military facilities, has the potential …

The U.S. Department of the Treasury should transform its foreign currency report so it can be used as a tool to combat currency manipulation. This would be an important step toward a more balanced global economy with fewer persistent deficits and surpluses.

Introduction The global financial crisis has exposed a weakness in the international monetary (non-)system. Desired levels of currency reserves in emerging markets have jumped over the past decade…