Let’s Talk Turkey The country, not the bird. Change happens. In Turkey, change has been a slow-motion slide into dictatorship. Turkey used to be the shining example of an Islamic republic with a multi-decade history of secular democracy. No more. Turkey’s last sixteen years provide...
A Simple Take-away from the Mueller Investigation The Mueller Investigation was not about whether President Trump conspired with Vladimir Putin to overthrow the U.S. government. Those who took a Manchurian Candidate view of the Investigation, as well as those who saw the Investigation as an...
Speak Softly and Carry A Big Stick Big Stick Diplomacy was Theodore Roosevelt’s foreign policy trademark. Roosevelt described his style as “the exercise of intelligent forethought and of decisive action sufficiently far in advance of any likely crisis.” That style served America exceptionally well....
Will Central Planning Work? Friday’s The Lonely Realist was distributed early on a turbulent news-filled day. That news included March’s EU factory output, which fell off the table, and U.S. manufacturing activity, which slipped to its lowest level in almost two years. The slowing...
The Central Bankers’ Dilemma On March 30th, the Federal Reserve announced that it does not intend to increase interest rates in 2019. It has put its Quantitative Tightening (QT) program on indefinite hold. Recall that it was only in November that Fed-watchers were forecasting...
