America’s elections are conducted in a highly decentralized manner, with most responsibility falling on localities. That arrangement has served us well. 

China’s near monopoly on rare earth materials comes not from inaction on the government’s part but rather from too much regulation. The solution, therefore, is not in subsidies or tariffs but in reducing domestic barriers to production.

“ESG"—short for "environmental, social, and governance,”—is the umbrella term that many use to talk about a wide range of concepts, including environmentalism, workforce diversity, and pay equity.