The Federal Reserve’s dual mandate of price stability and maximum employment presents trade-offs as the Fed grapples with the next move of interest rates. 

The passing of America’s preeminent foreign-policy thinker and practitioner marks the end of an era. Throughout his long and extraordinarily influential career, Henry Kissinger built a legacy that Am…

Once a country loses its sense of national identity, a national unraveling is often not far behind.

The Islamic Republic of Iran may be on an accelerated schedule for revolutionary decay, at least if compared to the USSR.

The swift fall of Kabul recalls the ignominious fall of Saigon in 1975. Beyond the local consequences—widespread reprisals, harsh repression of women and girls, and massive refugee flows—America’s st…

Iraq and Egypt show how hard it is to get rid of a militarized security force.