The Cap-and-Trade Solution to Our Trade Dispute With China

Warren Buffett’s Three-Decade-Old Plan Could Finally Be the Right Idea

President-elect Trump’s criticism of our trading relationship with China and our trade deficit with that nation has produced predictable reactions. Economists warn against “protectionism” and the dangers of trade wars. Alarmed diplomats remind us of the American interest in maintaining good relations with China to deal with such matters as North Korea’s threatening behavior.

These reactions are predictable because we have heard them all before. Back in the 1980s, the trade villain de jour was Japan. (China was just emerging into world markets.) Proposals to address trade deficits with Japan …

A Warning From the Bumpy Road to Mandalay

To Steer Clear of Economic Woes, the U.S. Needs Infrastructure Repairs

America’s infrastructure is headed down a bumpy road, and unless the country takes drastic action to fix its ailing transport, water, and other infrastructure systems, it might well wind up …

How California Can Survive the U.S.-China War

The Golden State Should Be the Voice of Reason in the Conflict Between Autocrats in D.C. and Beijing

California is trapped—caught in the dangerous space between two menacingly authoritarian regimes that want to fight each other.

One regime is headquartered in Beijing, and the other is about to take …

How a Trump Economy Could Make Singapore Great Again

Restrictive Policies on Trade and Immigration May Shift Innovation to the East—and It May Never Come Back

Did the presidential election change the Pacific Rim as we know it?

During these days of transition speculation, there is plenty of talk about what president-elect Donald Trump’s victory means for …

Can Anyone Really Rule the South China Sea?

East Asian Powers Jockey for Islands and Atolls in an Ocean that Defies Man-Made Boundaries

Wherever you go in the Philippines, the sea is never too far away.

I spent summers as a child laying on sunny beaches and playing in the waves. Sometimes we …

Can Liberal Democracy Be Its Own Worst Enemy?

Populists Are Attacking Modern Representative Government and It's Past Time for Democratic Leaders to Fight Back

The rising populism in today’s Europe is not merely the result of recent decisions by politicians, but also must be understood as a consequence of long-term changes that started more …