Our backward-looking president has dismantled our scientific supremacy and forced allies to view China as the more reliable hegemon.
America and the World
Posted inAmerica and the World
Aftermath: There Is No End to the War With Iran
In today’s edition, we discuss how the haphazard ending to the war won’t divert from the terrible path Donald Trump has led the world down.
Posted inAmerica and the World
Drone Dominance Isn’t the Vital Lesson of Ukraine
Manpower is still the most critical battlefield resource in a war.
Posted inTechnology
Subsidize, Build, Export, Repeat
America is selling the AI stack it built with public money, with the same companies and the same national security framing. Nobody is asking whether the demand is real.
Posted inLaw and Justice
Can New York Lawmakers Stop Hedge Funds From Pillaging Poor Nations?
Much of the world’s sovereign debt is governed by New York state law. One small change could stop much predatory lending.
Posted inEconomic Policy
Aftermath: The Hormuz Farm Crisis
Today in the newsletter: Fertilizer prices are crushing rural farmers. Also, attacks on Gulf state aluminum smelters leave America exposed.
Posted inEconomic Policy
The Tariff Refund Nightmare
In principle, Americans are owed $166 billion in refunds of Trump’s illegal tariffs. But actually collecting is like unscrambling an egg.
Posted inTAP
Trump Sabotages His Own Much-Exaggerated Iran Deal
Did the president screw up a possible agreement with his own impulsivity? Or was the imminent deal that he touted on Friday an illusion all along?
Posted inEconomic Policy
Will Americans Keep Paying a ‘Tariff Tax’?
Companies are seeking refunds from the federal government following the Supreme Court ruling—but consumers may still be stuck with higher prices.
Posted inTransportation
Aftermath: How the War Might Cancel Your Flight
In today’s newsletter: Higher aviation travel prices and even mass cancellations are imminent. Also, China is a big winner and loser from the war.