News Analysis
Crude Economics
Saudi’s Gamble to Protect Market Share Isn’t Paying Off

Riyadh is ceding its share of some of its most important markets to other producers.

East China Sea
Japan Opens Radar Station, Upsetting China

Tokyo and Beijing have been getting more assertive in the East China Sea.

Blue For Who?
How Crony Capitalism Works

The force of market competition has been concentrated on workers and small businesses, while elite professionals and financiers have managed to engineer protectionist rackets.

$15 Minimum
California Plays With Fire

For depressed rural counties, California’s proposed $15 minimum wage is an existential threat.

Not So Fast
Is the Fall In Chinese Emissions Being Exaggerated?

New research suggests Chinese emissions didn’t dip nearly as sharply last year as was previously reported.

The European Immigration Crisis
Illegal Immigration to Italy Up 43% in 2016

Italy fears—with good reason—that it may be the next hot spot for Mediterranean crossings.

What's Up Down Under?
Turnbull’s Political Gamble

Australia’s Prime Minister Malcolm Turnbull surprised his political opponents by suggesting he might call for snap elections.

China's Christians
Christianity With Chinese Characteristics

China needs the talents and the idealism of its growing Christian minority.

Two Kinds of Green
The Misleading Science of Bill McKibben

Prominent green leader Bill McKibben took some dubious shots at fracking this week.

Biofuel Boondoggle
America’s Ethanol Industry Shows Why it Needs Subsidies

Biofuel producers are sinking as their government subsidies are being cut—hardly the sign of a healthy industry.

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