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The economists who got it right

Politicians say they can "make the economy work better." I once believed they could. But years of reporting taught me that politicians' attempts to "fix" the economy usually make things worse. Twenty years ago, Republicans and Democrats helped create the Great Recession by telling ...

Does social media really addict us?

Facebook, Instagram and WhatsApp are running content very harmful to children. So said a jury in New Mexico that just slapped their owner, Meta, with a $375 million fine. The state accused the company of spreading pornographic images and helping adults contact vulnerable children. Meta ...

Team Trump had to start a war to learn how the global economy works

Early Monday morning, financial markets surged when President Donald Trump claimed there had been productive talks with Iran about ending the war. Therefore he backed off a vow to bomb Iranian power plants if the Strait of Hormuz wasn't reopened by Monday evening. Iran denies any such talks ...

Why Trump will surrender soon, but he’ll call it a great victory

No one knows what Trump is going to do from minute to minute, least of all Trump. But it's looking ever more likely he'll be exiting Iran within days, declaring his "excursion" into it (as he's termed his war) a major victory — and then changing the subject. On Friday, Trump posted on his ...

This is no longer dysfunction, it is danger

When a Transportation Security Administration official warns that airports could "quite literally shut down," we are no longer talking about inconvenience, delays or political theater. We are talking about vulnerability in one of the most sensitive and critical systems in our country. Aviation ...

Trump’s war psychology

Two weeks after the start of the Iran War, the picture is coming into focus. Why would a president who promised countless times not to start new wars have leapt into this conflict? As always in the age of Trump, it's necessary to separate the president's motives and mindset from the old ways ...