Foreign Affairs Magazine

“The Reagan administration should have been acutely sensitive to the interrelated nature of the world economy and the sophistication of the policies required to deal with it effectively. Instead it embraced a naïve optimism that the unfettered market-place would handle all.”

“In captured economies, the relationship between talent and success is severed. Skilled workers who lack the right political connections leave the country, and competent firms go under.” Read Elizabeth David-Barrett on the economic toll of state capture: https://fam.ag/3QZCYcC

The United States should not try to pull Russia closer to balance a rising China, argue Michael McFaul and Evan Medeiros. “Even the process of courting Moscow would be damaging because any favor the United States shows Russia alienates Europe.” https://fam.ag/3FTXglv

If U.S. tech firms lose access to the European market, American innovation will suffer—and the United States will become less secure, warn Henry Farrell and Abraham Newman. https://fam.ag/4iTd9qO

“Because the erosion of democracy happens gradually, the opposition has ample opportunities to fight back. In the United States, opposition groups are not without resources.” Read Laura Gamboa on how politicians and civil society groups can help bolster U.S. democracy: https://fam.ag/4ld53ek

“From the moment he took office, businesses and financial analysts knew that Trump would raise trade barriers. But the scale and scope of the tariffs confirmed their worst fears. In one fell swoop, Washington has severely restricted international commerce.” https://fam.ag/3R4SF2d

To prevent further political turmoil, South Korea must reduce the power of the presidency, argue Robert Kelly and Jaekwon Suh. “The centuries-old formula for making democratic governance work is to dilute power by distributing it.”

“There is no alternative to Taiwan for President Trump's vision of reindustrializing the United States, in the same way that there is really no viable way for Taiwan to credibly secure its own defense without support from the United States. And so there’s a mutual dependency there.”

The Roots of South Korea’s Political Crisis

“Rather than freezing aid, Washington must lay out a clear strategy for stabilizing the Middle East and responding to the needs of its people that makes more, not fewer, resources available to counteract the criminal syndicates that have sustained Iran’s influence for so long.” https://fam.ag/4i13D3P