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The Risks of China
“We have no choice but to follow the party,” a Chinese seafood entrepreneur told the Wall Street Journal recently. The Chinese government, the Journal asserts, is increasingly forcing private firms…
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Inflation Again
It used to be that inflation was just part of life: the 11% increase in consumer prices in 1974 and the 9% rise the following year seemed inevitable at the…
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Why Cities Aren’t Dying
It’s a bit spooky to cycle around downtown Washington these days, for reasons having nothing to do with campaigns and elections. Most offices are closed, most hotels are nearly empty…
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Profitable Again?
The container shipping industry is finally awash in money, as rates on some routes have doubled in the past few months. For some people, this confirms the wisdom of the…
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How the Supreme Court Made Jeff Bezos’s Fortune
The arcane legal principle of stare decisis — literally, to stand by things decided — is in the spotlight as the Senate considers the nomination of Amy Coney Barrett to…
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The Big Day
A book has a lengthy time-line. Drafting a proposal, chewing it over with an agent, refining it, submitting it to publishers, and haggling over a contract can take several months.…