“Ensuring a high-quality and modernized force is much more important than enlarging the U.S. military at this juncture.” Michael O’Hanlon and James Miller draw on research about the U.S. defense budget and emerging defense technology to argue that prioritizing and modernizing is the best way to keep the U.S. military strong and resilient.

Over the last two decades, the U.S. labor force participation rate has fallen. In their new report for the Hamilton Project, Ryan Nunn, Jana Parsons, and Jay Shambaugh explore barriers to participation and offer ways to help policymakers lift economic growth and living standards.

Since 1950, Argentina has spent one out of every three years in a recession. Kemal Derviş and Sebastian Strauss explain why the country’s latest crisis presents an opportunity to move beyond the status quo and develop a successful long-term economic strategy.