Defense spending continues yearslong climb among NATO members

Defense spending increased for the seventh consecutive year within the NATO alliance, with the United States picking up much of the tab, according to figures in NATO’s annual report released Thursday.

In 2021, the U.S. accounted for 69% of defense expenditures within the NATO alliance while only accounting for 51% of allied gross domestic product. By contrast, Germany — the second largest economy within NATO — represented 5% of allied defense spending while accounting for 10% of NATO GDP.

Take Putin’s Nuclear Threats Over Ukraine Seriously, Not Literally

From the very start of the Russian invasion of Ukraine, the risk of it escalating into a nuclear conflict has been a feature of much commentary about the war. From explicit as well as thinly veiled mentions of it by Russian President Vladimir Putin to the warnings of Western observers about the dangers of any direct confrontation between NATO and Russian forces, the nuclear dimension to this war has never been far from the surface.

Beyond crypto: How DeFi can defy finance elites to empower all

Just like the rise of cryptocurrencies as a three-trillion-dollar digital asset class has evoked both enthusiasm and ire in the world of traditional finance, the next wave of technology-powered financial innovation is sparking a blend of anxiety and exuberance. It’s called decentralized finance (DeFi), referring to the use of blockchain technology to allow users to cut out intermediaries and directly lend, invest, and access capital markets.

Conversation with Mr. Patrick Achi, the Prime Minister for the Ivory Coast

This Africa Center event serves as a public event to discuss the economic situation of the African continent in a post-Covid context.

While international development organizations stress African resilience, this event will take place during the Ivory Coast’s Prime Minister’s visit in Washington D.C. this month. This event will feature remarks from Prime Minister Achi about the Ivory Coast Vision 2030. Vision 2030 is a large development strategy that aims at improving the business environment, boosting the role of the private sector, and fostering job creation.

15 Tips for Investigating War Crimes

Reporting violations in an active conflict, previously a daunting and life threatening task, has now become easier thanks to open-source reporting techniques. Thanks to much improved cameras in mobile phones, the digital media being uploaded by combatants themselves to social media and other sites online is now of a very high resolution. Couple that with the availability of high-quality satellite imagery and digital tools that let you sift through the masses of data being uploaded online, and reporters enjoy a much greater ability to investigate war crimes as they happen.

Yet More on Inflation

Last week, I was on a panel with Jason Furman and Joseph Stiglitz, discussing the recent surge in inflation and the prospects for the future. We took some questions from the audience, but there were a number for which we did not have time. I have picked some of these questions to answer myself, for anyone who may be interested.

The Return of Idealism: Russell vs Hegel

According to the usual story, analytic philosophy was born when Bertrand Russell revolted against a version of Hegel’s idealism that had dominated the Cambridge philosophy scene. So how is it that around 100 years later, Robert Brandom, an influential philosopher grappling with technical debates at the heart of analytic philosophy, publishes an 856-page book dedicated to interpreting Hegel? Paul Redding explains how Russell’s failed attempt to use Gottlob Frege’s logic as a foundation not only for mathematics, but for the natural sciences, ended up calling for solutions found in Hegel’s philosophy.

Has biblical Gog and Magog war begun?

“God is getting ready to do something amazing.” * “Try to stay away from speculation.”

Is the Russian invasion of Ukraine part of the end times prophecies?

It seems that many Christian leaders are watching closely to find out. Some have made a leap of faith and claim God’s prophecy is being fulfilled, while others have cautioned it is just too early to tell.

America Defeats Germany for the Third Time in a Century

My old boss Herman Kahn, with whom I worked at the Hudson Institute in the 1970s, had a set speech that he would give at public meetings. He said that back in high school in Los Angeles, his teachers would say what most liberals were saying in the 1940s and 50s: “Wars never solved anything.” It was as if they never changed anything – and therefore shouldn’t be fought.