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June 26, 2007

Monetary Policy
Do foreign holdings of US debt put the US economy at risk?

I am testifying later today (gulp) before the House budget committee -- and the time that normally goes into writing blog posts has gone into preparing my written testimony.  That means I haven't had…

frbny_data_3m_changes_annualized

April 4, 2023

Cybersecurity
Ukrainian Cyber War Confirms the Lesson: Cyber Power Requires Soft Power

Since the Russian invasion in February 2022, Ukraine has benefitted from a strong flow of technical assistance. That assistance was made possible by Ukraine’s reserves of soft power.

U.S. President Joe Biden shakes hands with Ukrainian President Volodymyr Zelenskiy after they both delivered statements at Mariinsky Palace on an unannounced visit in Kyiv, Ukraine, Monday, Feb. 20, 2023.

October 24, 2019

Election 2020
Meet Mark Sanford, Republican Presidential Candidate

Update: Mark Sanford announced on November 12, 2019, that he was ending the campaign.  Donald Trump’s approval rating among Republican voters hovers around 90 percent. Numbers that high normally m…

Mark Sanford

February 21, 2005

Budget, Debt, and Deficits
The confused conservatives on the Washington Post oped page …

The Washington Post put out an oped on the partial privatization of Social Security over the weekend, which Kevin Drum appropriately jumped on.One item in the oped jumped out at me:The second risk i…

April 26, 2022

Democratic Republic of Congo
The EAC’s Challenges in Eastern Congo

The East African Community (EAC) wasted no time in wading into the complex and murky security issues bedeviling its newest member, the Democratic Republic of the Congo (DRC). The DRC, which is also a member of the Southern African Development Community (SADC) and the Common Market for Eastern and Southern Africa (COMESA), joined the East African block just weeks ago. Already, the EAC has issued a statement endorsing a largely undefined political process to address insecurity in the DRC and sketching out a plan to deploy a regional joint force to confront recalcitrant actors in Congo’s volatile eastern provinces.

Soldiers wearing camouflage and blue helmets are seeing in front of a white tank. In the background, civilians gather in front of a small house.