Per capita gross domestic product is much higher in the US than in the other major developed economies, and no one really seems to be catching up. Life expectancy, on the other hand, is lower in the US than in those same peer countries — and the gap has been growing. In the past, one could argue that the ...

  Few bigger challenges loom for Hong Kong’s new Chief Executive Carrie Lam than bringing down real-estate prices in the city, the world’s least affordable. Increasing the supply of available land may take time, so she could start with removing property curbs. They’ve done little to tame soaring prices and in fact have worked to create ever tinier apartments. Last ...

  In his very first executive order, directing federal agencies to “waive, defer, grant exemptions from, or delay” various parts of the Affordable Care Act, President Donald Trump stated his intention to repeal the law. Two months later, with that effort in shambles, the order has become the administration’s entire game plan on health care. That’s not only inadequate, but ...