If you’re worried about climate change, it’s scary to think that the incoming Trump administration could reverse gains made in recent years. But a recent conversation with departing Energy Secretary Ernest Moniz convinced me that the progress is probably irreversible. “There’s no question that we are moving to a lower-carbon economy,” Moniz said in an interview in his …

  The Indian government’s abrupt decision to withdraw high-value notes from circulation has hurt a great many people and sectors of the economy. But the institution that’s been injured the most is the Reserve Bank of India. Since demonetization was announced on Nov. 8, India’s austere and technocratic central bank has become the butt of online jokes. Soft-spoken Governor Urjit …

  A decision to arrest a top executive of the Samsung Group on suspicion of bribery and embezzlement would no doubt cheer the millions of South Koreans fed up with collusion and cronyism among the country’s elite. The way to prevent future scandals, however, is to transform the huge companies like Samsung that dominate the country’s economy. A court will …