The article argues that the Federal Reserve's recent rate hike decision, while justifiable on inflation grounds, highlights a critical lack of an underlying, transparent policy framework. The core problem is that the Fed's decisions appear discretionary, leading to market uncertainty because the committee's judgment, rather than clear data, dictates policy shifts. The author proposes that the Fed adopt a formal monetary policy rule—an algebraic formula linking the target rate to indicators like inflation and unemployment—to replace subjective guidance. Implementing such a rule would provide market predictability, enhance transparency, and shield the Fed from political attacks by making deviations from the standard easily quantifiable.
Iran and the Persistence of US Failure in the Middle East
English Summary
The article argues that the Trump administration is sprinting toward a military conflict with Iran without a clear casus belli or exit strategy, risking a repeat of past Middle East intervention failures. It highlights how justifications have shifted from nuclear concerns to ballistic missiles and internal protests, often driven by Israeli pressure and policy inertia rather than imminent threats to the United States. The author contends that since Iran's ability to harm American interests is minimal, pursuing an unprovoked war would serve foreign interests over domestic ones and likely lead to an open-ended regional crisis.
中文摘要
本文指出，川普政府在缺乏明確開戰理由（casus belli）或退出策略的情況下，正急速邁向與伊朗的軍事衝突，面臨重蹈過去中東干預失敗覆轍的風險。文章強調，開戰理由已從核問題轉向彈道飛彈及內部抗議，且往往受到以色列壓力與政策慣性的驅動，而非源於對美國的急迫威脅。作者認為，鑑於伊朗對美國利益的威脅極其有限，發動一場無端的戰爭將優先服務於外國利益而非美國國內利益，並可能導致一場曠日持久的區域危機。
Related Entries
-
1.
-
2.
The brief challenges current border policies that allow agents to search travelers' digital devices without a warrant, arguing this violates the Fourth Amendment. Cato contends that the existing 'border-search exception' is being misused to grant the government an overly broad, warrantless window into private digital lives. The core argument is that personal possession of data should not be treated as a vulnerability, while third-party cloud storage should not be treated as a refuge. If upheld, these policies transform routine border crossings into invasive investigative checkpoints, significantly eroding constitutional privacy rights.
-
3.
The ongoing Ebola outbreak in the DRC serves as a critical warning that the global health security system is fundamentally unprepared for future biological threats. The difficulty in containing this outbreak is compounded by the rising risk of emerging pathogens and the growing potential for AI misuse in bioweapon development. Policy must therefore shift from reactive, crisis-driven funding to sustained, proactive investment in resilient public health infrastructure, particularly in conflict zones. Addressing this requires strengthening global surveillance, ensuring consistent international cooperation, and mitigating the intersection of conflict, climate change, and disease spread.
-
4.A Design Lab Pilot to Inform Strategies for Expanding Access to Medications for Opioid Use Disorder in Community Mental Health Centers (RAND)
Despite MOUD being the standard of care for opioid use disorder, access remains severely limited in Community Mental Health Centers (CMHCs), which serve the primary population with co-occurring disorders. A Design Lab pilot identified payment limitations and regulatory complexity as the chief barriers to implementation. The most feasible and high-impact strategy identified was establishing a structured learning exchange between CMHC leaders and insurers to improve reimbursement understanding. Policymakers and payers are therefore advised to pilot this learning exchange model to initiate broader payment reform and expand evidence-based care for this vulnerable population.
-
5.
The article argues that modern conflicts are increasingly defined by attrition, driven by three strategic gaps: the difference between nominal military power and usable capacity; the difficulty of achieving breakthroughs in a technologically advanced battlefield; and the detachment of military means from clear political objectives. Evidence from Ukraine and the Middle East demonstrates that sustained logistics, rapid technological adaptation, and proxy networks are now more decisive than sheer military size. For policymakers, this implies a strategic shift away from seeking short, decisive victories toward preparing for prolonged, high-cost engagements, requiring a focus on sustainable supply chains and defining concrete, attainable political end-states.