Few topics are as discussed at Davos as ‘inequality.’ Business leaders and bankers take a great interest in debating how to ensure that globalization works for the many and not just for the few. This isn’t pure altruism, of course: They understand that a populist backlash could be devastating for their businesses too. These conversations too often fail to specify ...

If you want to gauge how Chinese consumers are reshaping the world, look at how many of them are leaving China. For vacation, that is. Outbound Chinese tourism has enjoyed explosive growth over the past decade and there’s plenty more where that came from: only 5 percent of the Middle Kingdom’s citizens hold a passport, compared with 40 percent in ...

If humans want to avoid boiling the oceans, we’ll have to find ways to use energy more efficiently. This, in turn, requires solving a problem that people don’t typically connect to climate change: the turbulence created when we pump air, water, oil, gas and other substances through countless miles of ducts and pipes. Thanks to its confounding effects, fully 10 ...