Politics

Don’t Be Crude! Inside the Shadow Fleet’s Illicit Global Trade Network

Executive Summary Introduction “Dark shipping”—the practice of evading international maritime laws—has become an increasingly important tool for sanctioned countries seeking to weaken the effectiveness of economic sanctions and gives rise to the “shadow fleet.” By operating outside Western maritime regulations, these vessels allow sanctioned countries to preserve billions of dollars in export revenue by rerouting … Continue reading

Politics

The ACA Premium Tax Credit Expiration: A Return to Baseline Policy

Executive Summary: Introduction: Recent KFF data has shown out-of-pocket premiums surging following the expiration of the enhanced Affordable Care Act (ACA) premium tax credits. While many analysts claim that premiums have resulted in widespread disenrollment from ACA plans, the Trump administration and Centers for Medicare and Medicaid Services (CMS) continue to offer a different narrative. … Continue reading

Social Security

The State of Social Security

The State of Social Security  Introduction  Social Security has paid out more in benefits than it collects in payroll taxes every year since 2010. It covers the difference by drawing on its trust fund. That is not supposed to be a crisis. The program spent a quarter century building that reserve for exactly this, and it still holds trillions.  … Continue reading

Politics

UNCLOS and Arctic Seabed Competition: Does U.S. Non-Ratification Strengthen or Weaken Its Position Relative to Russia?

Executive Summary: Introduction: The Arctic seabed is emerging as a strategic frontier for resource competition as climate change expands access to previously inaccessible offshore reserves. As this shift accelerates, Arctic governance is increasingly structured by the United Nations Convention on the Law of the Sea (UNCLOS), which governs continental shelf claims and seabed resource jurisdiction. … Continue reading

Politics

The Medicaid Work Requirement Debate Isn’t Just About Work

Executive Summary Introduction Reforms to Medicaid made under the One Big Beautiful Bill Act (OBBBA), signed on July 4, 2025, have reignited longstanding debates over whether public health insurance for low-income adults should be conditioned on work or work-related activity. The policy’s implementation through a requisite 2026 CMS rule requiring 80 hours per month of … Continue reading

Politics

Hedging Their Bets, BRIC by BRIC: How Trump’s Tariffs Have Incentivized Diversification

Executive Summary Introduction Trump’s tariffs were intended to reduce U.S. dependence on strategic competitors and redirect trade flows back toward the United States. In practice, they have also encouraged many emerging economies to diversify their economic relationships. As tariffs increase the cost and uncertainty of relying on U.S. markets, countries have expanded trade with alternative … Continue reading

Economy / Fiscal Cliff

Why Young Americans Must Turn from Government Intervention and Reform Entitlements

Executive Summary   Introduction   The national debt is fundamentally a generational issue. Running large budget deficits to finance tax cuts or spending increases today places an undue burden on younger and future generations. By borrowing more today, policymakers are effectively promising higher taxes and lower spending on future taxpayers and government beneficiaries. At the very least, younger and future generations will see interest … Continue reading

Wishing To Overhaul: American-Led WTO Reform Post-MC14 
Politics

Wishing To Overhaul: American-Led WTO Reform Post-MC14 

Executive Summary  Introduction  On Monday, March 30th, the MC14 meeting of WTO members in Yaoundé, Cameroon, came to an end. Occurring every two years, MCs allow member states to voice their concerns, negotiate new agreements under the WTO, and guide the organization’s priorities until the next MC. Contextualized by a broken dispute settlement mechanism and inflamed international protectionism, MC14 was … Continue reading

Mercosur: An Integration Problem 
Latin America / Tariffs / Trade

Mercosur: An Integration Problem 

Executive Summary  Introduction   On January 17th, 2026, Mercosur—a South American customs union comprising Argentina, Bolivia (partial-member), Brazil, Paraguay, and Uruguay—signed a landmark free trade agreement with the European Union. The deal is slated to remove around $4.8 billion in tariffs between the two economic blocs, leading to an estimated 39 percent annual growth in EU exports to Mercosur (from $72 billion in 2024 goods export) and the elimination of EU duties … Continue reading