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Why we fear spiders more than climate change

People tend to fear spiders and snakes more than they do electrical sockets or fireworks, even though the latter present a far greater danger. This might help explain why humans have such a hard time seeing the threat of climate change. Evolutionary psychologists argue that much of human behavior can be understood only by studying our ancient ancestors. Through 99 ...

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Deflation threatens Australia

  The bugbear of deflation is threatening to claim new victims Down Under, after having already wreaked havoc across some of Asia’s biggest economies. The latest inflation data from Australia showed the world’s 12th-largest economy has slipped into deflation for the first time in seven years. Falling clothing, food and gasoline prices pushed the consumer price index down 0.2 percent ...

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Trump’s attempt to rewrite NATO will backfire

  Donald Trump’s foreign policy speech lays out what would be a disastrous course for the U.S. with regards to Russia and European security. On the other hand, for Europe and its eastern neighbor, the disengagement he is proposing might work out quite well — just not in the way Trump intends. Trump’s most specific statement — an extremely rare ...

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