A new “cold war” presents a familiar challenge for America: how to curb a rival great power’s ambitions. Matt Pottinger, a Hoover Institution visiting fellow and editor of the forthcoming book The Boiling Moat: Urgent Steps to Defend Taiwan, joins Hoover senior fellows Niall Ferguson, John Cochrane, and H.R. McMaster to discuss how best to discourage China from moving on its island neighbor. After that: the fellows debate the wisdom of the UK’s fast-tracked national election; plus what, if anything, has surprised them during this year’s round of episodes (spoiler alert: plenty of chickens—bad policies, poorly run universities—came home to roost).