Nuclear weapons, the hypersonic missile, and maritime dominance are key advantages in the present and future of modern warfare. However, most notably, the backbone of national security lies within a resilient and diversified economy. Today, the United States is teetering on a strategic arms race with the world’s largest economy: China. Continue Reading
As the world reels from OPEC’s announcement of an unprecedented petroleum production cut, let’s take a few moments to examine OPEC and its role, as well as how America can protect its national and consumer interests by reducing its dependence on foreign fuel sources.Continue Reading
If you think that Western imperialist powers have actually relinquished control over their former African colonies, think again. Even after many Western nations supposedly granted their colonies independence in the mid-20th century, they still continue to exploit the vast mineral and natural wealth of Africa and exert de facto influence over the continent’s financial systems.Continue Reading
Biden’s two big spending bills with an estimated $3 trillion price tag are large, ambitious projects to modernize the US with the focus of decarbonization. Our Economics Columnist talks about what to be optimistic about – and why it still might not be enough.Continue Reading
The field of economics is undergoing a revolution, becoming more relevant, accurate, timely, and empirical by using technology to track everything, all the time. Our economics columnist explains how plentiful data is drastically changing the way policy is structured and decisions are made.Continue Reading
On October 2, 2020 India and South Africa proposed a temporary waiver on coronavirus vaccine patent rights in a meeting of the World Trade Organization. With over 100 co-signatories (mostly developing countries), the so-called “TRIPS Vaccine Waiver” has raised questions about intellectual property and access ethics during a pandemic.Continue Reading
It looks like the United States just became a third wheel. Recent economic data from the E.U.’s statistical office shows that China is now the European Union’s biggest trading partner of goods, knocking the U.S. from its prime spot. While the European Union has been China’s biggest importer for some time, the relationship only became mutual during the pandemic, likely due to the increase in demand for Chinese medical products in the E.U. In turn, demand for European goods in China also grew.Continue Reading
The U.S. dollar finds itself as the currency of the global economy. In extreme circumstances, many countries even replace their own sovereign currencies for the dollar, in hopes of bringing much-needed economic stability. The dollar’s dominance, however, is not uncontested and its use is not without drawbacks.Continue Reading
Graphics by Rose Lee The BRB Bottomline: [insert a one or two sentence hook that sums up the spirit of the article and offers actionable value to the reader, e.g. Learn how to take of your metaphorical dog: Credit. What are the differences between credit scores and credit reports, andContinue Reading