W. Bradford Wilcox | The Wall Street Journal
Soulmate marriage, RIP
W. Bradford Wilcox | Institute for Family Studies
The future of conservative foreign policy: Political realities and electoral viability
Kori Schake | Reagan Foundation
Becoming more competitive with China
Dan Blumenthal | Reagan Foundation
Democracy and authoritarianism: How should values matter in foreign policy?
Colin Dueck | Reagan Foundation
Stephen Eide, E21
Interest rates have never been lower as the government embarks on one of the largest fiscal spending programs in history. The CARES Act is expected to cost at least $2 trillion and more is expected to come. It is tempting to argue that while interest rates are so low—even negative-- all this spending is effectively costless. Yet this new debt will last far longer than the economic damage from the coronavirus and the U.S. Government is exposed to interest rate risk because it normally finances its spending with short term debt. As it comes due, the debt is rolled over with newer bonds. If interest rates go up in the future, servicing the debt could get expensive and begin to crowd out other spending. Read more here...
Razib Khan, City Journal
Michael R. Strain | Mercatus Center