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Churchill said that you can always count on the Americans to do the right thing after they have exhausted all the other possibilities. We must hope that the same is true of Mr. Bessent. Now that unsupported US-Japanese foreign exchange intervention has failed, maybe he will consider getting the Japanese to try foreign exchange intervention supported by serious budget reform.
BY Desmond Lachman ON 17 Aug 26
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Some cybersecurity experts have already likened the effort to how the British government during the "long eighteenth century" from the late 1600s to the early 1800s commissioned private naval forces to raid enemy merchant shipping.
BY James Pethokoukis ON 13 Aug 26
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The policy needs to be dynamic by design rather than static by statute: a platform working across payers drawing on electronic records and claims in real time. Technology is there; data is there. Is there will for a reset?
BY Charles N. Kahn III ON 13 Aug 26
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the steady inflow of immigrants over the past generation has also necessarily transformed Spain’s demography. Immigrants and their descendants now account for a very substantial share of Spain’s under-40 population. And not all newcomers (and their descendants) seem to be assimilating well.
BY Nicholas Eberstadt ON 17 Aug 26
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Many troubling questions about the Ceuta affair remain unanswered—including just how a surprise operation of this scale could have taken place in the first place. But this surge of unwelcome illegal immigration also shines a spotlight on Spain’s established official policies for welcoming the legal mass influx of immigrants.
BY Nicholas Eberstadt ON 13 Aug 26
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As Congress takes its August recess, these are trying times for defense. With so many moving budgetary parts, one can be forgiven for confusion about what is actually going on. There is Trumpian rhetoric of…
BY William C. Greenwalt ON 11 Aug 26
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The value of this pattern for quarterly financial reports is indisputable. The human capital development case cuts the other way, and on a pay-later basis. Fixing incentives in the labor market structure to sustain talent pipelines will require policy changes for government and business that bring a sharper focus on the importance of long-term talent development.
BY Brent Orrell ON 12 Aug 26
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Every year since graduate school, I try to get to the Berkshires in western Massachusetts and visit Tanglewood, where I enjoy the music of the Boston Symphony Orchestra (BSO). This past Friday, I made it…
BY Samuel J. Abrams ON 10 Aug 26
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There is much more to our Odyssey summer than Nolan, and I take this opportunity to recommend three more new takes on the Odyssey and ancient epic more generally: a novel, a book of American cultural musings on the poem as we celebrate our country’s Semiquincentennial, and a fascinating new scholarly article, written for a popular audience, about Homeric geography.
BY Joshua T. Katz ON 4 Aug 26
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In the case of introducing so-called “non-network” insurance into the Affordable Care Act (ACA) markets, the potential rewards justify a test, but it should be conducted within the boundaries of what Congress has authorized.
BY James C. Capretta ON 6 Aug 26
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Among the priority bills the health committees are readying are those addressing healthcare price transparency requirements. Passage of the strongest possible, and therefore also consumer-facing, version of this emerging effort would be a good step forward for American healthcare. Based on the bills now advancing, there is room for further improvement.
BY James C. Capretta ON 24 Jul 26
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There are pros and cons to both legislative and executive discretion in healthcare policymaking. The objective should be a self-improving system that does not need perpetual intervention from either elected branch of government.
BY James C. Capretta ON 20 Jul 26
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Colleges do not need to turn every passion project into a formal educational program with a potential six-figure price tag.
BY Preston Cooper ON 7 Aug 26
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Just last week, Georgia announced its chronic absenteeism rate for the 2025–26 school year, demonstrating a real focus on chronic absenteeism by being one of the first states to release its data for the school year that just ended. Perhaps even more impressively, Georgia’s chronic absenteeism rate is declining steadily, bucking the national trend.
BY Nat Malkus ON 30 Jul 26
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AEIdeas
Some graduate school borrowers will receive expensive offers. Others will be denied credit. Neither is automatically predatory.
BY Beth Akers ON 30 Jul 26
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James Comey’s recent motion to dismiss his seashells threats indictment on vindictive and selective prosecution grounds relies partly on President Trump’s own social media posts. This motion to dismiss is separate from another Comey filed in late July arguing that his Instagram “86 47” post is not an unlawful threat of violence but instead constitutes constitutionally safeguarded political expression.
BY Clay Calvert ON 18 Aug 26
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The Indian experience with digital identity verification using Aadhaar may prove informative if the need to ensure child social media safety is seen to be sufficiently important to necessitate the use of state-mediated identity tools to enforce compliance—even if those tools come with potential risks to privacy.
BY Bronwyn Howell ON 14 Aug 26
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How our political and legal system answers these questions will determine how deeply AI transforms the economy.
BY Will Rinehart ON 13 Aug 26