The One Tiny Problem With Trump’s Affordability Agenda
His proposals to lower prices are all more likely to raise them.
The New Rules
Exploring the policies, people, and ideas reshaping the global economy
Information
This work was commissioned, produced, and edited by The Atlantic's editorial staff. Support for this work was provided in part by the organizations listed here.
Support for these stories was provided in part by the William and Flora Hewlett Foundation. The Atlantic maintains full editorial control over its content.
Trump’s Fed-Chair Pick Is an Interest-Rate Hawk—Or Is He?
Kevin Warsh’s views on monetary policy may be shaped less by real economic conditions than by whether a Democrat or Republican is in power.
If You Tax Them, Will They Leave?
A California wealth-tax proposal makes a high-stakes bet on billionaire psychology.
Trump Almost Has a Point About the Federal Reserve
The central bank has long abused its power in ways that benefit the financial sector at the expense of everyone else.
Something Ominous Is Happening in the AI Economy
The last time so much wealth was tied up in such obscure overlapping arrangements was just before the 2008 financial crisis.
Democrats Finally Realize It Isn’t 2016 Anymore
Members of the left and the center seem to have concluded that, to win elections, each side needs to become more like the other.
Mamdani Has a Point About Rent Control
In an interview, the candidate argued that the policy is essential to get voters on board with pro-housing reforms.
The Company Making a Mockery of State Gambling Bans
Thanks to Kalshi, a so-called prediction market, sports betting is now legal everywhere—even where it isn’t.
Sports Can’t Survive Prop Bets
As long as one player can fix the outcome of a wager, the temptation will prove irresistible to some athletes.
American Infrastructure Is About to Get Even Worse
Donald Trump is using the power of the White House to load public-works projects down with bureaucracy.