There are two essential questions for the future of energy: Will the PRC continue to accept, however grudgingly, the world order in most of its dimensions, or more aggressively try to reshape it in accordance with its own perceived interests? For the U.S., the main strategic question is whether it will devote the economic and diplomatic resources necessary to preserving the liberal order it helped create.
Long-term strategic success necessitates using armed forces beyond declared warfare, maintaining military presence in foreign regions, fostering sociocultural understandings, and aligning operations with other elements of national power.
The latest from James Pethokoukis and the AEIdeas blog.
Actually, workers benefit a lot more than their bosses.
America is in a miasma of political correctness.
For housing finance, as house prices rise above their trend, reduce the allowable loan-to-value ratios and increase required down payments, and put heavier capital requirements on the mortgage loans of lenders, writes AEI Scholar Alex J. Pollock in Housing Finance International: the Quarterly Journal of the International Union for Housing Finance.
All the wonderful qualities of Scandinavian society “predated the development of the welfare state” and “all these indicators began to deteriorate after the expansion of the Scandinavian welfare states and the increase in taxes necessary to fund it,” argues Nima Sanandaji.
San Francisco raised its minimum wage by 14% on May 1, and guess what just happened? Chipotle raised its prices at its restaurants in the city between 10% and 14%.