Eurasia

Libertarians often wonder why socialism continues to be so popular, even though it has proved to be such a failure as a political ideology and as an economic system. Though a public education system and a biased mainstream media are key reasons for this, the stubborn resiliency of socialism is …

We now turn our attention to what happens with an increase in the money supply, rather than an increase in savings. This is critically important. The mercantilist idea that increasing the money supply increases prosperity was exposed as an error centuries ago by Richard Cantillon.1 However, modern mainstream economists, including …

The 2024 Indonesian elections are fast approaching. Prospective presidential candidates are already on the campaign trail and holding ‘horse-trading’ negotiations to select their vice-presidential nominees. It is a good time to re-examine the potential role of a powerful interest group that increasingly has sway in the largest Muslim-majority nation — …

In concluding part I of this study, we quoted then-Marine Corps Commandant Gen. David Berger, who observed that the setup of the US national security system made sense “when most conflicts were regional” in scope and nature.

Thanks to the appeasement policies of the Biden and Obama Administrations, the ruling mullahs of Iran, called by the US State Department the top state sponsor of terrorism, have now also emerged as a major arms exporter. Moreover, coupled with imminent nuclear bombs, they appear determined to ramp up their …

The growing importance of Iran for the Russian Federation and the shift in relative power between the two countries has been highlighted by a remarkable set of exchanges between Tehran and Moscow over the past week. On July 12, Moscow signed on to a declaration by the Arab Gulf states …

Chinese leader Xi Jinping clearly aspires to establish a new global economic order centered around Beijing, not Washington. However, a new global economic order cannot be built in a day. The immensity of this challenge has forced Xi to set his sights on a set of interim goals. These include …

To join NATO, prospective members typically must follow a MAP, or membership action plan. The MAP has been NATO’s standard bureaucratic procedure to convert applicants into members for over two decades. After Poland, Hungary, and the Czech Republic joined NATO in 1999, this plan was created to streamline the process. …

Now that the dust has settled on the recent NATO summit in Vilnius, it is worth considering some of its longer-term implications. One of the most resounding absences from the discussion in Vilnius was what to do about Russia. Although Ukraine’s membership (or lack thereof), Sweden’s accession and debates around …

Analysis: The maritime objectives of Saudi Arabia and the UAE have played a key role in determining the war’s direction, with control over Yemen’s ports a major driver of the military and diplomatic strategies of all sides involved in the conflict. Despite fighting side by side in Yemen, the United …