The dollar’s global dominance allows America to absorb economic shocks, borrow cheaply, and run large deficits. Yellen was uncomfortable risking these privileges for the sake of punishing Putin.

Robert Putnam: America was extremely polarized. Politics then was very tribal, just like it is now. Inequality was very high then. That was the last time the gap between rich and poor was anywhere ...

In that contest the Chinese have many advantages, but until recently America had the decisive one — we had more friends around the world. Unfortunately, over the last month and a half ...

America’s power grid is due for some big investments. Tariffs could now make that much costlier. As surging power demand from places such as data centers is set to strain the system ...

There’s the “Gulf of America” of course, but also the reversion of a military base from Fort Liberty to Fort Bragg, and efforts by his administration to erase the “T” in LGBT on ...