Nearly a half-century ago, President Richard Nixon’s secretary of state, Henry Kissinger, established a successful U.S. strategy for dealing with America’s two most dangerous rivals. He sought closer ties to both the Soviet Union, with its more than 7,000 nuclear weapons, and Communist China, with the world’s largest population.
Problems in China’s restive northwest province of Xinjiang have long been simmering, but recent developments point to growing troubles, as news reports and statements by international organizations have significantly raised public attention. Beijing is engaged in programmatic efforts to suppress the ethnic identity of the Uighur people, a population of 11 million, while combatting their aspirations for political autonomy or even independence.
Regulatory capture occurs when regulatory agencies become dominated by the very industries they were charged with regulating, prompting regulators to advance the goals and interests of those industries. While regulation is necessary and can be done well, it must always be balanced against the potential for unintended consequences that harm the consumers it is intended to protect.
Sanctions have proven effective in pressuring North Korea to consider surrendering its nuclear ambition, and they should be eased only on strong evidence of denuclearization, not wishful thinking, said H. R. McMaster, the 26th White House National Security Council Advisor of the Trump administration.
Under the leadership of Superintendent Alberto Carvalho, Miami-Dade County Public Schools has won numerous awards for student performance. Carvalho sits down with Paul E. Peterson to discuss his strategy of empowering school leaders and reforming teacher compensation.
An American crisis of confidence, augmented by effective Chinese propaganda, has driven the narrative of the end of the “American Century,” replaced with a Chinese one. An analysis of such metrics as demography, social stability, geography, the environment, economics, military strength and capability, and soft power belies the concept of American decline and shows that China is beset with substantial internal and international challenges that indicate continued United States dominance in world affairs.
Hoover Institution fellow Richard Epstein explains what libel is and how laws against libel and slander fit within the First Amendment’s protections of free speech and the free press. This wide-ranging discussion also delves into how facts play a role in the law and media in a “post-truth society,” how online platforms filter news, and the legitimacy of the media and the Supreme Court in the wake of heated coverage of the Kavanaugh confirmation battle.
Michael McFaul served as the seventh U.S. ambassador to Russia from 2012–2014 and is one of America’s leading scholars with unparalleled insights into the Russian Federation. He offers his thoughts on U.S.–Russia relations, election interference and President Trump’s relationship with President Putin.
Money is just so problematic, even apart from its being the root of all evil. It can disappear suddenly: A 2-year-old boy in Utah just put $1,060 of cash through a shredder while his parents weren’t looking. It doesn’t earn its keep: Apple Inc.’s returns are being dragged down by the low yield on $244 billion in cash and marketable securities that it can’t figure out how to spend. And it can seriously malfunction, as it did in last decade’s global financial crisis.
Shelby Steele’s September 24 Op-ed in the Wall Street Journal is worthy of being quoted in its entirety, because every sentence is quotable. But I chose a couple of the choicest parts. Steele opines that the left’s descent into hatred started in the 1960s, when: America finally accepted that slavery and segregation were profound moral failings. That acceptance changed America forever.
Democracy literally means, “Rule By People”. Democracy is a system of government where the citizens exercise power by voting. In a direct democracy, the citizens as a whole form a governing body and vote directly on each issue. In a representative democracy the citizens elect representatives from among themselves. These representatives meet to form a governing body, such as a legislature.
The International Monetary Fund (IMF) and other institutions are grappling with potential strategies to counter any severe economic downturn. Ahead of this week's IMF meetings in Bali, the institution's second chapter in its annual report discusses its current and possible policies.
Both of this year’s economics Nobel laureates have been on the short list for some time. Both are deserving, as David Henderson writes in The Wall Street Journal. Paul Romer is best known for his work on the nature of economic growth, and William Nordhaus for his environmental economics, as well as coauthoring, with fellow laureate Paul Samuelson, the 20th century’s most widely used economics textbook (a copy of the 18th edition sits on my shelf).
President Donald Trump took a big step into the debate over the future of America's health care system with an op-ed column in USA Today on Wednesday that presented a bleak vision of what would happen under plans backed by many Democrats to institute government insurance for everyone.
Public debt is rising in both emerging markets and low income developing countries to levels not seen since the early 1980s. Forty percent of low income developing countries are now either in debt distress or at high risk of default. At the same time, corporate debt in emerging markets is also exceeding historical levels. This situation calls for new efforts within developing countries and the international community to contain vulnerabilities rising from these increasing levels of debt.