China and the U.S. have a close but complicated economic relationship. This note provides a fuller picture of the tightening embrace between the two countries - in terms of flows of goods and services, financial capital and people - and discusses the potential flashpoints in this relationship....

China and the U.S. have a close but complicated economic relationship. This note provides a fuller picture of the tightening embrace between the two countries – in terms of flows of goods and services, financial capital and people – and discusses the potential flashpoints in this...

This survey reviews the history of trade and investment between Cuba and the US. Aside from the embargo years, US trade and investment have been critical for Cuba. Short of protection for US sugar beet farmers, Cuba would have become a state of the US following the Spanish American War. Lifting...

This article considers how behavioral public choice theory can evolve and apply to U.S. national security, transnational security, and human rights fields. It draws upon the processes by which CIA, Defense Department, and other the Bush-Cheney administration officials implemented a new global...

Does increasing economic globalization influence aggregate policy mood toward the role and size of government in the United States? Drawing on insights from international political economy scholarship, this article suggests that the impact of trade on aggregate preferences will depend on...

International trade directly influences US presidential elections. We explore the electoral implications of the increasing tradability of services and the large US surplus in services trade. Our paper builds on prior work showing that job insecurity from import competition in manufacturing...

The Financial Stability Oversight Council (FSOC), established by the Dodd-Frank Act, has the extraordinary authority to designate financial firms as systemically important financial institutions (SIFIs). Firms so designated are then turned over to the Fed for “stringent” regulation. FSOC's...

The macroeconomic implications the Single Market is likely to have for the rest of the world, in particular the United States and Japan, are considered in this essay. Trade diversion will be an unavoidable result of Europe 1992 but that the patterns of the EC's external trade and financial flows...

For over three decades U.S. Coast Guard leaders have struggled to address the strategic risk to the nation created by the exhaustively-studied yet still unresolved U.S. “icebreaker deficit.” This article examines the current state of the U.S. Coast Guard's icebreaking fleet and recent...

In only a few years, central bank digital currencies (CBDC) have gone from a fringe idea promoted by cryptocurrency bloggers to an idea now seriously explored by 80% of the world’s major central banks, including the People’s Bank of China and the United States Federal Reserve. This paper...