U.S. policymakers will debate how to regulate or tax these fortunes, but the economic engine UBS documents is hard to mistake. America still produces billionaires in a pro-market way—by creating new ...

I defer to no one in my appreciation of much of Western Europe, including the UK. I love the history, the art. the languages, the culture, and the food (not in the UK). I speak three European ...

Dreams of a fully united American and European front toward China are over. Although Washington, Brussels, and other European capitals have much in common when it comes to dealing with Beijing, they ...

National Power and the Structure of Foreign Trade was a reasonable title for a book in the 1940s. Today’s version would need ...

All of this would argue for a rethink of US budget policy with the aim of reducing the budget deficit and our reliance on the kindness of strangers to finance that deficit. Absent such a change, we ...

It is a truism in modern politics that ours is a system of “coequal branches.” Politicians of both parties solemnly invoke this principle all the time. We hear it even as early as civics class in ...

Five years ago, President Donald Trump’s education secretary, Betsy DeVos, stood all but alone against the Democratic drive for student loan forgiveness. The conventional wisdom at the time was that ...

Study time for full-time students at four-year colleges in the United States fell from twenty-four hours per week in 1961 to fourteen hours per week in 2003, and the decline is not explained by ...

American Enterprise Institute President Robert Doar awarded renowned historian and professor of history emeritus at Brown University, Gordon S. Wood, the highest honor bestowed by the Institute, on ...

Earlier this week, the United States signed an agreement with Argentina for a $20 billion swap line, to be augmented with an additional $20 billion provided by private sources. The objective is to ...

What’s New: Global electricity demand, which saw a moderate increase in 2023, is expected to rise more sharply through 2026, driven by emerging economies and, reportedly, will be met entirely by clean ...

The economics of this competition are even more striking. Founded in 2016, China’s robotics champion, Unitree, now sells its G1 humanoid robot for $16,000 —about one-tenth the cost of comparable ...