Opinion

  You’d think managing Britain’s exit from the European Union would be enough to keep Theresa May busy. But it seems the U.K.’s prime minister wants to design a whole new kind of conservatism as well — one that works not just for Britain’s frequent-flyer elite but also, as she puts it, for “the whole nation.” Whether her ideas are …

  In 2014, JP Morgan — the biggest US bank by assets — was targeted by cyber criminals. Even though no cash could be siphoned off, the attack left names, addresses and crucial information of its 76 million customers exposed. Alarmed over the incident, the bank is now pumping $600 million into cybersecurity. Similarly, Deutsche Bank has announced that it …

  Deutsche Bank is in trouble. It’s embroiled in talks with the U.S. Justice Department to negotiate down a $14 billion fine for mortgage-market naughtiness. Its share price has halved in the past year. It was granted special treatment in July’s stress tests, according to the Financial Times. And in the European money market, its funding costs are almost twice …

  On the Saturday after the Friday when Donald Trump’s icky, sexual-assaulty chat with Billy Bush was revealed to the world, venture capitalist Fred Wilson had this to say: Fred Wilson @fredwilson Last night was Twitter at its finest. Anyone who says it is past its prime, irrelevant, and failing is out of their mind. Twitter: Fred Wilson on Twitter …

  Vox tech writer Timothy B. Lee used to be one of the most ardent techno-optimists. But he’s had a bit of a conversion, of late, and is now on the side of those who think tech progress is slowing. Maybe it was the economist Robert Gordon who convinced him, or maybe years of observing the tech world changed his …

  This year’s economics Nobel Prize has gone to Oliver Hart and Bengt Holmström, for their work on the theory of contracts. For good primers on the winners and their work, check out the blog of economist Kevin Bryan, several posts by the always-reliable Marginal Revolution, and the summary written by Bloomberg View’s Tyler Cowen. The research here is deep …

  In Washington on Sunday night, the popcorn was popped, the pitchers of election-themed cocktails given a final stir. And then a hush fell over the city as the streets emptied and the professional political class gathered huddled around screens to find out whether Donald Trump would somehow rescue his improbable campaign, or whether he would pound the final nails …

  It’s election season, so it’s time to bemoan low voter turnout. Americans do not vote in numbers comparable to the citizens of other democracies, we’re often reminded. Then the laments start: Low turnout is a sad commentary on the state of the republic. This year could be even sadder because many people don’t like either of the main parties’ …

  Taliban insurgency continues as does Afghanistan’s dependence on foreign aid. At a recent conference in Brussels, international donors — comprising 70 countries — pledged $15.2 billion to the war-wracked nation for the next four years. NATO members are maintaining troop numbers in Afghanistan and have vowed to fund the Afghan forces with $5 billion annually until 2020. The US …

  Growth-wise, the world seems to be in a little bit of a rut. Oh, sure, we’re OK. We just don’t seem to be going much of anywhere. Global production has recovered somewhat since the catastrophe of the financial crisis, but it didn’t bounce back entirely. Instead, we’re staggering along at a noticeably lower rate of growth, both abroad and …