The seesaw events of the last few days can be examined from the political dancing and posturing of the major players and from the combatants’ maneuvers on the battlefield. Obviously there is a lot of interplay between the two, but I think it is the soldiers who are...
When Turkey found itself in a bit of trouble in Idlib, Syria last week - a Syrian army advance had taken back much of the province and a Syrian air force strike had killed Turkish soldiers embedded with jihadist fighters - Ankara signaled to Washington that it needed...
The 1978 Humphrey-Hawkins Act requires the Federal Reserve to “promote” stable prices and full employment. Of course, the Fed’s steady erosion of the dollar’s purchasing power has made prices anything but stable, while the boom-and-bust cycle created by the Fed...