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…

The European Stability Mechanism's (ESM) bank recapitalization instrument was designed to break the vicious circle tying financially weak eurozone governments to financially weak banks. It cannot, ho…

The Obama administration is fostering Israeli-Palestinian negotiations aimed at a full and final peace agreement. While the talks last they help calm the regional political situation, but they do not…

With each month, the level of violence in Syria rises. Bashar al-Assad's regime has killed just short of three thousand citizens, and with defections from the army growing, it appears the population …

Nation-building abroad has become a neuralgic term in American politics. Opposition to nation-building abroad is one of the few things that President Barack Obama and Donald Trump can agree on. And y…