Why? Because U.S. security does not require a resounding Ukrainian victory. Ditto for the rest of Europe. What everybody’s security does require, however, is that this new land war in Europe not escalate into a nuclear conflict. Face-saving settlements and then popular referenda—we need them. READ MORE »

In Search of Monsters to Destroy The Folly of American Empire and the Paths to Peace By Christopher J. Coyne

The recent devastating high inflation will end soon—that’s the good news. But here comes different bad news: a recession; and the Fed, which treats the money supply as its plaything, is responsible for both. What’s next? READ MORE »

Political Affiliations of Federal Reserve Economists The Independent Review, Fall 2022

The academy in the United States was once considered a truly “exceptional” place—but not so much anymore. The biggest single cause of this descent into mediocrity? Federal financial aid. What reforms could work? READ MORE »

Restoring the Promise Higher Education in America By Richard K. Vedder

Leqembi is one of only two drugs approved by the FDA to treat Alzheimer’s in the past 17 years. The other one is Aduhelm. Why so few? Because most drugs, unlike these two, were not part of the Accelerated Approval Program. And persons, who needn’t have, died. Time to streamline the FDA. READ MORE »