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Blog Post - Nuclear Security Matters

Nuclear Security in Turkey

Aug. 04, 2016

In mid-July, as an attempted coup was taking place in Turkey, many in the United States wondered whether U.S. tactical nuclear weapons stored at the Turkish airbase, Incirlik, were adequately protected against theft. Congressional Research Service Nuclear Weapons Policy Specialist, Amy Woolf, recently published a short article describing some of the security systems surrounding those weapons.

Blog Post - Views on the Economy and the World

Fiscal Education for the G-7

| May 26, 2016
As the G-7 Leaders gather in Ise-Shima, Japan, on May 26-27, the still fragile global economy is on their minds.  They would like a road map to address stagnant growth. Their approach should be to talk less about currency wars and more about fiscal policy.Fiscal policy vs. monetary policyUnder the conditions that have prevailed in most major countries over the last ten years, we have reason to think that fiscal policy is a more powerful tool for affecting the level of economic activity, as compared to monetary policy.

Blog Post - Nuclear Security Matters

How much of a nuclear, chemical, or biological threat might ISIS pose? (Part I)

    Author:
  • Nate Sans
| Sep. 15, 2014

Secretary of Defense Chuck Hagel recently described the Islamic State (IS, referred to by the U.S. government as the Islamic State of Iraq and the Levant [ISIL] and by many others as the  Islamic State of Iraq and Syria or the Islamic State of Iraq and al Sham [ISIS]) as an “imminent threat to every interest we have,” with sophistication, funding, and military prowess “beyond anything that we’ve seen.” As yet, there is no convincing publicly available evidence that IS aspires to attain or use nuclear, chemical, or biological weapons (Matthew Bunn debunked alarmist press coverage over the group’s seizure of uranium from Mosul University). But good sense demands that policy makers not discount the possibility that ISIS might pursue unconventional weapons, given the vast resources of money and weapons ISIS has amassed during its rampage across Syria and Iraq. Evaluation of the threat might be divided into two categories: the inclination to pursue CBRN weapons, and the means to manufacture or capture them, and afterwards, to plan an attack using them.

Blog Post - Iran Matters

Inside the Nuclear Weapon Free Iran Act of 2013

| Dec. 19, 2013

News broke yesterday that three prominent senators—Menendez (D-NJ), Kirk (R-IL), and Schumer (D-NY)—may introduce legislation this year that would impose new sanctions against Iran with a “deferred trigger.” That is, the new sanctions can be averted only if the Obama administration provides specific and difficult certifications every 30 days including that Iran is implementing the terms of the November 24 Joint Plan of Action and negotiating “in good faith” toward a final deal. Based on an advance copy of the “Nuclear Weapon Free Iran Act of 2013,” I summarize the substance of the draft legislation, including both the new proposed sanctions and the complicated set of presidential certifications and notifications to waive existing sanctions and suspend the additional sanctions.  In a second post, I examine the current legislative state of play and the likely administration objections to the draft legislation.

Blog Post - Iran Matters

Anticipating objections to the Nuclear Weapon Free Iran Act

| Dec. 19, 2013

In the near term, the Obama administration does not yet need to engage Senators Menendez, Kirk, and Schumer on the details of their proposed Nuclear Weapon Free Act of 2013. The upcoming congressional recess and the protection of friendly senators (including Senate Majority Leader Harry Reid and Chairman of the Senate Banking and Finance Committee Tim Johnson) are likely to delay consideration of the bill for the time being. However, congressional support for sanctions legislation against Iran has strong bipartisan support, and pressure for additional legislation is likely to grow if – as seems likely – it becomes apparent in coming months that negotiations between the P5+1 and Iran on a final agreement are not faring well. In the event that the Obama administration is forced to enter into negotiations with Congress on new sanctions legislation, the White House is likely to have several objections to the proposed Senate legislation, especially on the certification requirements to waive or suspend sanctions.

Blog Post - Views on the Economy and the World

The US & Europe Could Look South to Re-learn Countercyclical Fiscal Policy

| Oct. 28, 2010
During much of the last decade, U.S. fiscal policy has been procyclical, that is, destabilizing.   We wasted the opportunity of the 2003-07 expansion by running large budget deficits.   As a result, in 2010, Washington now feels constrained by inherited debts to withdraw fiscal stimulus at a time when unemployment is still high.   Fiscal policy in the UK and other European countries has been even more destabilizing over the last decade.  Governments decide to expand when the economy is strong and then contract when it is weak, thereby exacerbating the business cycle.