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September 25, 2018

Monetary Policy
Good News! The Federal Reserve is Surviving the Trump Era.

Improbably, the Federal Reserve is surviving the Trump era with its integrity intact. Jerome H. Powell, the Fed chairman since February, is quietly emerging as a skilled Washington operator.

Federal Reserve Board Chairman Jerome Powell testifies before a Senate Banking Housing and Urban Affairs Committee hearing.

March 20, 2023

Democracy
The Long Shadow of the Iraq War: Lessons and Legacies Twenty Years Later

On March 20, 2003, I found myself bobbing offshore along Iraq’s tiny coastline in a raging sandstorm, as a reporter covering the U.S. Navy SEALs and Polish special forces’ operations in the U.S.-led …

A man looks at a mural of former Iraq President Saddam Hussein inside his damaged former palace in Mosul, Iraq, February 19, 2023.

September 9, 2022

Terrorism and Counterterrorism
Guantanamo Bay: Twenty Years of Counterterrorism and Controversy

The U.S. military detention center at Guantanamo Bay, Cuba, has generated intense debate for two decades, raising enduring questions about national security, human rights, and justice.

A collage of surveillance photographs shows Guantanamo detainees.

May 26, 2022

United States
What the Korean War Era Reveals About the Fed’s Inflation Dilemma

High inflation during the 1950s shared many similarities to today’s rising prices, including a supply crunch due to a national emergency.

A customer shops at a store in New York City in May 2022 as annual inflation surpasses 8 percent.

January 7, 2022

Monetary Policy
Inflation: Learning the Proper Lessons From History

Higher inflation has led to calls for price controls and a reexamination of the relationship between inflation and employment. History offers some helpful lessons.

Prices are seen displayed at a BP gas station in New York City in November 2021.