Bloomberg President Donald Trump, who has pushed for broad rollbacks of regulations on the environment, markets, banking and other areas, mused on Twitter about restoring a media rule killed under a president he cites as one of his heroes, Ronald Reagan. “Late Night hosts are dealing with the Democrats for their very ‘unfunny’ & repetitive material, always anti-Trump! Should we ...

Consider what is, for the moment, an entirely hypothetical question: What might Secretary of Defense James Mattis do if he received an order from President Trump to launch a nuclear attack on North Korea in retaliation, say, for a hydrogen-bomb test that had gone awry? Certainly, Mattis could try to talk the president out of the attack, if he thought ...

Australia’s record of 26 years without a recession flatters to deceive. The gaudy numbers mask serious flaws in the country’s economic model. First and most obviously, the Australian economy is still far too dependent on “houses and holes.” During part of the typical business cycle, national income and prosperity are driven by exports of commodities—primarily iron ore, liquefied natural gas ...