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creative destruction
creative destruction
Wall Street Business Model Under Pressure

Competitive markets, when they function properly, don’t just hammer the little guy.

creative destruction
Will Algorithms Swallow the Financial Industry?

The ruthless logic of algorithmic efficiency threatens Wall Street business models.

creative destruction
Start-Up Takes Aim at BigLaw

Corporate law firms are overdue for high-tech disruption.

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Walter Russell Mead & Staff
Crude Economics

Moscow just promised to cut its oil output, but that promise rings hollow.

Asia's Game of Thrones

China’s seizure of Singapore’s troop carriers is a power move that sends a signal about Beijing’s displeasure with the Lion City.

Burma's Rohingyas

Outrage at Myanmar’s leader for her inaction on the Rohingya demonstrates the continuing failure of human rights activists to understand the world or develop wise strategies for dealing with it.

Looking Ahead

Nancy Pelosi’s re-election at House Minority Leader suggests that even the 2016 disaster has not yet weakened the establishment’s iron grip over Democratic power centers.

The Vapors

The inability of U.S. diplomats to explain Trump and his worldview to their foreign interlocutors is likely to be a more serious problem for American foreign policy than any early flubs by the President-elect.

The North American Energy Boom

Our southern neighbor is benefiting from the shale boom, too.

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