The federal government will reportedly get a "golden share" in U.S. Steel, potentially allowing it to overrule shareholders on some decisions.
Subaru says it has "adjusted its pricing in response to current market conditions," but we all know what that means.
Although the president's pride in his negotiation skills could save us, it is hard to see what sort of deal would address his grievance about the consequences of economic freedom.
Instead of fixing its car, the team keeps shifting blame from driver to driver.
Like with the Japanese internment during World War II, the current move to deport alleged alien criminals is driven by hysteria.
An economist explores how a stable and relatively just legal order emerged in medieval Japan.
An economist explores how a stable and relatively just legal order emerged in medieval Japan.
Blocking Nippon Steel from acquiring U.S. Steel lays the groundwork for a major consolidation of American steelmaking that will harm consumers and the economy.
Plus: A listener asks the editors about subsidies for trains, planes, and roads.
It's a disgraceful decision that serves as a perfect epitaph for Biden's political career.
Progressives and environmental groups have teamed up with a rival steelmaker to lobby against the U.S. Steel deal.
Trump doesn't care much about free market principles or the limits of government power. But he should pay attention to this signal from the stock market.
Joe Biden, Donald Trump, Kamala Harris, and J.D. Vance agree that U.S. Steel needs to be controlled from Washington. They are all wrong.
Facing an economic downturn in the 1990s, Japan racked up debt. America should not repeat that mistake.
Yes, cheap imports hurt some American companies. But protectionist trade policy harms many more Americans than it helps.
The protagonist's adversaries eventually embrace modernity.
The anime Mashle: Magic and Muscles offers an absurdist metaphor for politically driven discrimination.
Free trade brings us more stuff at lower prices.
Economic nationalists are claiming the deal endangers "national security" to convince Americans that a good deal for investors, employees, and the U.S. economy will somehow make America less secure. That's nonsense.
Both companies consented to the deal. Why should they have to get permission from the president to do business?
Director Takashi Yamazaki brings to the screen the most dreadful version of Godzilla since the franchise began.
The reality raises questions about the kind of future we want to leave for the next generation.
Companies based outside the United States employ 7.9 million Americans. Foreign investment isn't something to be feared or blocked, but welcomed.
Heated tobacco products are coming to America, at long last. How will they change the landscape for smokers and prohibitionists?
As we step into 2024, it's crucial to adopt a more informed perspective on these dubious claims.
American cities and states passed a lot of good, incremental housing reforms in 2023. In 2024, we'd benefit from trying out some long shot ideas.
State power and oppressive surveillance serve as the backdrop for this animated spy comedy.
The senator used to know why the U.S. Steel/Nippon deal is nothing to fear.
He could save $98 million by dodging California's state income taxes with his unusual, eye-popping contract.
To fight the King of the Monsters, private citizens must band together.
A magical, mysterious deeply personal movie about creation and legacy. And also, murder parrots.
Rather than posing a national security threat, the growth of China's E.V. industry is an opportunity for global innovation.
The country's current struggles show the problems of the Beijing way—and make the case for freedom.
It's a short-sighted approach that distracts us from the more important question.
People panicked in the 1980s that Japan's economic largesse posed a grave threat to American interests. Then the market reined it in.
Politicians say they want to subsidize various industries, but they sabotage themselves by weighing the policies down with rules that have nothing to do with the plans.
The legislation, which forbids shipping anything between American ports in ships that are not U.S. built and crewed, is just another a special deal that one industry has scammed out of Congress.
Politicians' go-to fixes like child tax credits and federal paid leave are known for creating disincentives to work without much impact on fertility.
These days, he may run for president. His politics have changed.
The free market allows people to cooperate, fix errors, and adapt to changing circumstances.
If Japan can get over its anti-nuclear Fukushima freak out, then the rest of the world should too.
Senior Editor Jacob Sullum examines how the claim that Japanese gun restrictions account for the country's low violent crime rate isn't as simple as it sounds.
While gun control enthusiasts rushed to defend Japan's firearm restrictions after Shinzo Abe's assassination, copying that approach in the U.S. is legally, politically, and practically impossible.
Dedication to free speech is in short supply around the world, with Britain and Canada previously considering similar bills.
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