To many, the handling of the Brexit saga by the British government has appeared chaotic and inconsistent, leading some to predict the demise of Prime Minister Theresa May’s leadership and the risk of the UK stumbling into a disorderly Brexit. That is certainly a possibility. Yet game theory suggests that, with external constraints starting to bind a lot more, the ...

Exports have gone from a plus for Asia to a real drag. Almost daily, trade data from somewhere show a deterioration. Monday was Japan’s turn. Shipments dropped 1.2 percent in February from a year earlier, the third consecutive slide and twice the dip envisaged by economists. Many people view Japan’s challenges as unique and the country as in a long-term ...

My colleague Conor Sen made a bold prediction: Government will be the driver of the US economy in coming decades. The era of Silicon Valley will end, supplanted by the imperatives of fighting climate change and competing with China. This would be a momentous change. The biggest tech companies — Amazon.com, Apple Inc., Facebook Inc., Google (Alphabet Inc.) and (a ...