Man of Steel

President Biden’s blockage of the proposed purchase of U.S. Steel by Japan’s Nippon Steel is unprecedented and magnificently pro-union.

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WTO, RIP

The annual World Trade Organization meeting came to an ignominious end last week with no ‘progress’ on major issues. That is a form of progress.

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A Capital Crime

Fed Chair Jerome Powell is sabotaging a rule requiring stronger capital standards for banks—that he pretended to support.

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