My preferred indicators of Chinese intervention are now available for October, and they send conflicting messages. The changes in the balance sheet of the People’s Bank of China (PBOC) point to si…

While it is easy to despair at the many failings of the U.S. political process, it is important sometimes to celebrate the amazing resilience of American society. My cause today is the latest annual …

The U.S. and Iowa state flags fly at a rally for Mitt Romney in West Des Moines on December 30, 2011. (Brian Snyder/courtesy Reuters) Above the Fold. As the Roy Schneider character says at the start…

Five years after the publication of A World in Disarray, the world is an even messier place with most trends heading in the wrong direction.

The U.S. Army turns 247 years old today.