Consumer debt is rising in the US. However, low rates of delinquency and higher rates of personal saving suggest that American households can handle this increase, writes Michael Strain.
Xi Jinping’s China is a high-tech authoritarian state experimenting with complete social control. Dan Blumenthal explains that these very ingredients have exacerbated a public-health crisis and laid bare a government that fears the truth.
The Trump administration is skeptical of spending on foreign aid and development, a sentiment shared by many Americans. Not surprisingly, many new actors are filling the void. Most are undemocratic and favor development policies that do not accord with US interests. Karen Young describes this change in the development landscape and calls for a renewed US commitment to development spending.
Wealth taxation largely influences the return and incentive to save. As Kyle Pomerleau explains, the extent to which a wealth tax affects total output depends significantly on how open the US economy is to foreign saving.
A peaceful competition of ideas is fundamental for a free society and why we should cherish the ability to disagree without fear, writes Arthur Brooks.
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