The headlines liken it to a “raid” or a “power grab.” But the European Union’s threat to repatriate euro clearing away from London is starting to look like a headache nobody actually wants to see happen. Which, all told, is probably a good thing. EU Commissioner Valdis Dombrovskis recently unveiled the legal framework of how the bloc plans to supervise ...

Usually when a president agrees to send more troops to a war zone, it’s part of a broader strategy. George W. Bush approved the surge of forces to Iraq as part of a population-centric counterinsurgency war plan. Barack Obama did the same in his first year when it came to Afghanistan, though he eventually regretted the decision, and spent most ...

Edmund Burke saw society as a partnership between those who are living, those who are dead, and those who are yet to be born. A failure to understand this relationship underlies a disturbing global tendency in recent decades, in which the appropriation of future wealth and resources for current consumption is increasingly disadvantaging future generations. Without a commitment to addressing ...