It is amazing how the seemingly dimwitted US president dominates events, and also frustrating for analysts — because one cannot predict the actions of a single person the way you can do with societies and institutions. While it would be silly to deny this, the below highlights nonetheless show that AQL found time for other topics as well, with sharp analysis from a host of talented writers.
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Tatiana Der Avedissian argued that the High Seas Treaty is a historic breakthrough that finally gives the world a legal framework to protect the vast, ungoverned ocean that sustains climate stability, food security, and biodiversity. She contended that by failing to ratify it, the United States is voluntarily surrendering influence over ocean governance, environmental standards, and emerging industries like deep-sea mining. This weakens both American strategic interests and global conservation efforts.
After Canadian PM Mark Carney played the anti-Trump at Davos, we argued that treating Trump’s narrow, unpopular victory as a civilizational “rupture” is a dangerous mistake. Unlike a scenario where Americans decisively chose to destroy the liberal order, Trump won narrowly, denied Project 2025, and wields his wrecking ball without broad support. Most Trump-era policies are reversible; the deeper harm is to credibility but even that can be rebuilt over time. And it’s actually good that he has scared the Europeans into growing up.
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We conceded that intervention is usually a bad idea, being morally complex, legally dubious and historically prone to disaster. Most foreign interventions create chaos rather than freedom. But Iran is the exception because non-intervention has already enabled decades of catastrophe. The Islamic Republic is not only a brutal domestic dictatorship; it is an aggressively interventionist regime that exports violence through militias, terrorism, nuclear brinkmanship, and regional destabilization.
Check out our twice-weekly podcast with Claire Berlinski! In this episode we examined whether the MAGA obsession with tariffs, indifferent to allies, and disdain trading partners might be leaving China as the big winner. Considering that the EU just signed a major free trade agreement with India, in general it is looking like the world is doing its best to give the US a wide berth.
Robert Hamilton argued that any US coercion of Denmark over Greenland would be a catastrophic and unnecessary act that would likely destroy NATO, cripple America’s global military posture, and gravely damage US national security. It would undermine overseas basing, devastate the defense industry, and legitimize Russia’s and China’s territorial aggression by setting a precedent for seizure by force. Trump’s justifications are factually baseless, since the US already has extensive military rights in Greenland and can pursue resources through partnership, not coercion. Seizing Greenland would be illegal, unconstitutional, strategically reckless, and profoundly self-destructive. Trump must have read this, because he turned tail.
Dan Perry argued that the Republican Party has been captured by MAGA authoritarianism, while the Democratic Party is constrained by a progressive wing far to the left of most voters, leaving the pragmatic majority politically homeless. The solution, he argued, is a serious, well-funded centrist third party, built from the top down by sitting legislators and major donors, that could unite moderate Democrats, traditional Republicans, and independents and finally allow the exhausted center to govern.
In an interview, economist James Gutman argued that central banks target about 2 percent inflation not because they like rising prices, but because the risks of missing a zero-inflation target are far more dangerous than tolerating mild inflation. Deflation, he told a skeptical interviewer, is economically suffocating: it freezes investment, encourages hoarding, forces layoffs instead of wage adjustments, and breaks monetary policy tools. Moderate inflation, by contrast, keeps money circulating and allows real wages to adjust without traumatic nominal pay cuts. Two percent is not sacred, but it is a proven “sweet spot” that stabilizes modern credit-based economies.