Hoover Institution fellow Lanhee Chen, fills in for Hugh Hewitt: This hour, talking with Carl Cameron, Fox News chief political correspondent, Dr. John H. Cochrane, The Grumpy Economist blogger, Kori Schake, Hoover Institution research fellow, and James Lileks, humorist and columnist.

Hoover Institution fellows George Shultz and James Goodby speak on "North Korea, Pakistan, Russia, China, Iran - concern over nuclear weapons continues to grab news headlines. Nine nations evidently possess nuclear weapons and at least a rudimentary means of delivering them."

And so continues the great monetary policy experiment wherein a nervous world waits to see whether the U.S. Federal Reserve can finally raise interest rates without crashing the stock market, strangling the recovery and reminding us all what late 2008 looked like all over again.

I am very pleased to announce a new feature on Lawfare and a new feature as well among our staple of podcasts.