How Much of the Deficit Is Driven by Medicare?

Payroll taxes don’t come close to covering its costs. And soon Medicare debt will dominate the deficit.

How Much of the Deficit Is Driven by Social Security?

Think Social Security is fully funded by your payroll taxes? Think again.

Counting the Days

Social Security and Medicare spending add up fast.

The Mystery of the Vanishing Trust Fund

Did Congress rob Social Security—and if not, where did the money go?

Why Good Intentions Don't Always Make Good Policy

The unintended consequences of government intervention—and why voters keep supporting it.

Why Lower Inflation Isn't Enough for Affordability

The Fed, inflation, and the economic case for long-term price stability.

The Cost of Making Life Affordable

How popular government efforts to lower prices can make everyday life more expensive.

Progressive Taxes Without a Complex Tax Code

Why support for lower-income Americans doesn’t have to run through the tax code.

The American Revolution and October Surprises

The Slow Squeeze on Taiwan, and the Long War in Ukraine

The GoodFellows on the California Wealth Tax and the Global War on Terror

The Iran War, AOC 2028, and a Tragic Tale from Cambridge

China’s Iran Calculus

How Beijing reads US power, regional disorder, and strategic opportunity.

Sovereignty First: China’s Territorial Agenda

How Xi Jinping pursues territorial control without full-scale war.

What Does China Want?

Xi Jinping’s global ambitions—and why China doesn’t want to replace the United States.

China’s Venezuela Calculus

What Beijing really weighs after US operation in Caracas.