This Is How Trump Will Smash the Machine of U.S. Economic Power

Economic security officials worked across administrations, gradually developing grand ambitions of a global order founded on financial sanctions, export controls and development of crucial technologies. Each new administration built up the economic weapons it inherited from the last and encouraged its successors to keep building the structures of American economic power. We are about to find out what happens when those structures are controlled by a disruptive administration — and what happens when that administration inherits the weapons without the accompanying sense of responsibility.

Read the full article in the New York Times.

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Essay

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TWO CENTURIES ago Henri de Saint-Simon, a French utopian, proposed a new religion, worshipping the godlike force of progress, with Isaac Newton as its chief saint. He believed that humanity’s sole uniting interest, “the progress of the sciences”, should be directed by the “elect of humanity”, a 21-member “Council of Newton”. Friedrich Hayek, a 20th-century ...
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Essay

The Panama Papers and Thomas Piketty: How the Leak May Transform Politics

The Panama Papers—the massive collection of leaked documents from Mossack Fonseca, a Panamanian law firm that helps set up offshore shell corporations—have already had political consequences. Iceland’s prime minister, Sigmundur David Gunnlaugsson, resigned after the leak revealed that he had partly owned an offshore firm. David Cameron, the British prime minister, is facing criticism over ...
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