The new American imperialism

The traditional point of an inaugural address is to transcend the politics of the campaign and draw the country together. Donald Trump’s second…

The great-man theory of Wall Street

As they awaited their Christmas bonuses, people on Wall Street pondered their worth. Two questions can sharpen the mind of even the most senior…

The biggest losers from Trumponomics

Across cabinet tables, boardrooms and diplomatic missions this week, one topic of discussion has overshadowed all others. The sweeping victory of…

Climate change and the next administration

“It is clear the next administration will try to do a U-turn and reverse much of this progress,” declared John Podesta, America’s climate tsar, at a…

Welcome to Trump’s world

A stunning victory has crowned Donald Trump the most consequential American president since Franklin D. Roosevelt. After defeating Kamala Harris—and…