Does anyone remember President Barack Obama’s pivot to Asia? The plan was to focus diplomatic and military assets in East Asia to contain a rising China. It was one of the reasons Obama said he was shrinking the American footprint in the Middle East. Well, the pivot is failing. On Thursday, the president of the Philippines, Rodrigo Duterte, announced …

  The EU-Canada Comprehensive Economic and Trade Agreement (CETA) took seven years of negotiations. But the proposed deal is on the verge of collapse in its final lap. As the Belgian region of Wallonia has refused to give it a go-ahead, the European Union (EU) leaders remain on tenterhooks. Canada’s patience is also running thin. On Friday, an emotionally-charged Canadian …

  In 2015, Forbes writer Adam Ozimek suggested that a “new liberal consensus” is forming in the economic-policy world. The data back him up. Many economics professors now tend to favor government intervention in the economy more than the general public. And the profession’s biggest public stars, from Paul Krugman to Thomas Piketty to Joseph Stiglitz, are now more likely to …