The Simple Mistake That Almost Triggered a Recession
Leading economists said we’d need higher unemployment to tame inflation. Here’s why they were wrong.
The New Rules
Exploring the policies, people, and ideas reshaping the global economy
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My Hometown Is Getting a $100 Billion Dose of Bidenomics
A massive new semiconductor factory is coming to Syracuse. Can investments like this put the Rust Belt back on the map?
What Emma Lazarus Got Wrong About Immigration
Immigrants aren’t a call upon America’s charity. They’re far more likely to start a business—and employ other workers—than native-born Americans.
Antitrust Has a Generic-Drug Problem
Brand-name drugmakers like to pay lower-cost rivals not to compete—and courts too often let them.
The Golf Merger May Be Dead on Arrival
The PGA Tour wants to team up with LIV Golf to eliminate competition. Federal antitrust enforcers aren’t going to like that.
The Era of Flush State Budgets Is Over
What comes next?
The Labor-Shortage Myth
Things are finally looking up for the American worker. Why does the government see that as a crisis?
Work Requirements Just Won’t Die
The debt-ceiling deal rests on a cruel and ineffective policy.
The Hottest Trend in Investing Is Mostly a Sham
Republicans portray ESG as the epitome of “woke capital.” The truth is closer to the opposite.