I increasingly suspect my view on Chinese “rebalancing” is at odds with the current consensus (or perhaps just with a plurality of the investment bank analysts and financial journalists who watch Chi…

Irish tax distortions have a material impact on aggregate eurozone economic data.

The power is off in Puerto Rico, again. It may not be restored for a day or two. Puerto Rico obviously has yet to fully recover from Maria’s devastation. Tax revenues this fiscal year are off by o…

Former director of the Central Intelligence Agency (CIA) Gen. Michael Hayden has an op-ed in today’s New York Times: “To Keep America Safe, Embrace Drone Warfare.” The two-thousand-word piece provide…

In his memoir My American Journey, Colin Powell recollects his tours in Vietnam, first as a U.S. Army captain in 1962 and 1963, and later as a major in 1968 and 1969. Due to the length of the war, Po…