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May 8, 2018

China
Disaggregating the Fall in China's Current Account Surplus Since 2007

China's current account surplus is almost certainly about $100 billion larger than officially reported, and the falling current account surplus masks a persistent manufacturing surplus.

Disaggregating the Fall in China's Current Account Surplus Since 2007

July 1, 2015

United States
An Honest Evaluation of the War on Terror

    In September 2004, President George W. Bush made a rare acknowledgment about the realistic outcomes of the war on terrorism in an exchange with Matt Lauer: Lauer: Do you really think we can wi…

Bush I

December 15, 2016

United States
Why Doesn’t Apple Export More Services (Wonky)

A big caveat. Apple is being used to represent a lot of companies with very valuable intellectual property (IP) that have built up similarly outsized piles of cash outside the United States; it is th…

Why Doesn’t Apple Export More Services (Wonky)

September 18, 2016

United States
Happy 69th Birthday to the U.S. Air Force!

The United States Air Force marks sixty-nine years of service.

F-16 U.S. Air Force Thunderbirds fly in formation during a media day ahead of the Los Angeles County Air Show in Lancaster

August 13, 2021

Wars and Conflict
Five Foreign-Policy Movies Worth Watching About Real-Life Heroism

Every summer Friday, we suggest foreign-policy-themed movies worth watching. This week: films inspired by actual heroes. 

Three movie posters: "Black Hawk Down" (man sits with a gun); "Gary Cooper Sergeant York" (man in helmet crouches with a gun); "Beneath Hill 60" (a woman and two men look out above the photo of a group of men in mining gear).