The Logic of Escalation in an Unraveling War In the spring of 2018, four years before his second invasion of Ukraine, Russian President Vladimir Putin delivered an unusual speech about the growing strength of the Russian military. “To those who in the past 15 years have tried to accelerate an …

Easy Money, Hard Choices Coming on the heels of the pandemic-induced economic slowdown, the inflation crisis of the past two years seemed to catch much of the world by surprise. After three decades in which prices grew slowly across the world’s advanced economies, suddenly the United Kingdom, the United States, …

What It Would Take to Defeat Both China and Russia When it comes to international relations, 2022 has been an exceptionally dangerous year. During the first two months, Russia massed thousands of troops along Ukraine’s borders. At the end of the second one, Moscow sent them marching into Ukraine. China, …