Behind the headlines lies an old and basic question: in the clash between Islamism and the nation-state, who will win? By Charles Hill.
[Subscription Required] In March of 1951, a year into the Korean War, the US Treasury offered long-term notes at 2 3/4 per cent in exchange for short-term notes at 2 1/2 per cent. According to a narrative written half a century later by the Richmond Fed, the Federal Reserve supported the price of the long-term notes, but: only up to a limited volume it had agreed on with the Treasury.
In 1911, China rejected feudalism to enter the modern era. A new Hoover exhibit on a century of change. By Hsiao-ting Lin and Lisa Nguyen.
The doomsayers are back. Regardless of what they say, the United States remains first on any scale of power that matters—economic, military, diplomatic, or cultural. By Josef Joffe.
America can decide to be itself again: free, fair, and thriving. By Victor Davis Hanson.
Why the United States, Europe, and Russia must not permit the conflict in Georgia to blind them to their shared interests. By Henry A. Kissinger and George P. Shultz.
The United States has always been among the kingdom’s best friends. Who better to help it change? By Leif Eckholm.
Hoover fellow Abbas Milani on the rebellions in the Muslim world—and the monarch who set them off. An interview with Charlie Rose.