The Covid-19 pandemic caused huge economic disruption for millions of Americans. Unemployment rose sharply. Many businesses – especially small ones – struggled to stay open. Yet consumer credit scores actually increased during the course of the pandemic. What explains this surprising result? What...

On May 3, a subway collapse in Mexico City killed 26 people and injured scores of others. The collapse is a heart-breaking human tragedy. But it also raises important questions about Mexico’s approach to infrastructure. What does this disaster tell us about what could be called the culture of...

In mid-April, President Joe Biden announced that there would be a full withdrawal of U.S. forces from Afghanistan by the symbolic date of September 11, 2021—twenty years after the 9/11 terror attacks. Though troop numbers in Afghanistan have declined in recent years, a complete withdrawal of the...