President Donald Trump’s latest proposal to eviscerate the State Department’s budget may already be dead on arrival in Congress. It’s nonetheless a reminder of how the administration’s failure to take diplomacy seriously is undermining its own strategic goals. Barely two months after warning in its new National Security Strategy of ‘growing political, economic and military competitions,’ the White House delivered ...

For years, economists and policymakers have hailed the propensity of Chinese to save. Among other things, they’ve pointed to low household debt as reason not to fear a financial crash in the world’s second-biggest economy. Now, though, one of China’s greatest economic strengths is becoming a crucial weakness. Over the past two weeks, as they’ve held their annual work meetings, ...

Apple proclaims each new iPhone model is the best one it has ever made. The company says every software update is better than the last. In general, Apple believes everything it does is awesome. There’s a consequence to declaring victory no matter what: it becomes impossible to define success. One example is the Apple Watch. In April 2016, one year ...