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Around the stadium, gladiators draped in silver armor and wielding swords rush at each other. In the stands above, thousands of Roman citizens cheer for their favorites and jeer at those they like least. On the side of this orchestrated chaos stands ...

Dusk of Democracy, Part One

Around the stadium, gladiators draped in silver armor and wielding swords rush at each other. In the stands above, thousands of Roman citizens cheer for their favorites and jeer at those they like least. On the side of this orchestrated chaos stands ...

Kids have always wanted to grow up quicker and seem older sooner, and in today’s world, that means emulating influencers. This is why we see ten-year-olds storming Sephora storefronts around the United States in search of Drunk Elephant skincare an...

The Parasocial Network

Kids have always wanted to grow up quicker and seem older sooner, and in today’s world, that means emulating influencers. This is why we see ten-year-olds storming Sephora storefronts around the United States in search of Drunk Elephant skincare an...

Why are you going to college? Ask a panel of 18-year-olds that question, and you’re likely to get a wide variety of responses. Some might cite earnings data and describe the returns to various degrees. Others may lean on the fond memories of their ...

An Abandoned Aristocracy

Why are you going to college? Ask a panel of 18-year-olds that question, and you’re likely to get a wide variety of responses. Some might cite earnings data and describe the returns to various degrees. Others may lean on the fond memories of their ...

Automaking was once the crown jewel of the US economy. While East Asian companies started manufacturing cheaper products in the 1980s, a long history of Western dominance, technological edge, and protectionist policies limited Asian automaking expans...

Losing Charge

Automaking was once the crown jewel of the US economy. While East Asian companies started manufacturing cheaper products in the 1980s, a long history of Western dominance, technological edge, and protectionist policies limited Asian automaking expans...

In the spring of 2020, following the outbreak of the Covid-19 pandemic, United States policymakers were confronted with an economic challenge unlike anything they had ever seen before. Unemployment spiked to 14.8 percent, its highest level since the ...

Keep the Cash Flowing

In the spring of 2020, following the outbreak of the Covid-19 pandemic, United States policymakers were confronted with an economic challenge unlike anything they had ever seen before. Unemployment spiked to 14.8 percent, its highest level since the ...

The United States today teeters on the brink of a budget crisis of unprecedented scale. In the last year, the federal deficit—the difference between what the US government spends and the revenue it brings in—surged from $1.37 trillion to $1.7 tri...

It’s Time to Start Worrying About the Deficit

The United States today teeters on the brink of a budget crisis of unprecedented scale. In the last year, the federal deficit—the difference between what the US government spends and the revenue it brings in—surged from $1.37 trillion to $1.7 tri...

Within four years of State Grid Zhejiang Electric Power requiring its workers to wear electroencephalogram (EEG) neurodata headsets, the Chinese company’s profits jumped by $315 million. During this time, employees faced pressure to work more effic...

A No-Brainer

Within four years of State Grid Zhejiang Electric Power requiring its workers to wear electroencephalogram (EEG) neurodata headsets, the Chinese company’s profits jumped by $315 million. During this time, employees faced pressure to work more effic...

The world’s second largest economy is in deep trouble. In China, where economic growth has exceeded the expectations of Western economists for decades, financial indicators are now showing signs of a serious slowdown. Hong Kong’s Hang Seng Index,...

What to Make of China’s Real Estate Crash

The world’s second largest economy is in deep trouble. In China, where economic growth has exceeded the expectations of Western economists for decades, financial indicators are now showing signs of a serious slowdown. Hong Kong’s Hang Seng Index,...

In 2008, when the housing bubble burst and US markets crashed, a recession ensued—not just in the United States, but also around the world. Why? The power of the US dollar. The 1944 Bretton Woods Conference created the International Monetary Fund (...

Dark Days for the Petrodollar

In 2008, when the housing bubble burst and US markets crashed, a recession ensued—not just in the United States, but also around the world. Why? The power of the US dollar. The 1944 Bretton Woods Conference created the International Monetary Fund (...