It’s always worth re-evaluating one’s views, and my latest revision is that the euro currency is better and less vulnerable than I had thought. I still believe its creation and later expansion were mistakes, but I now see them as much smaller mistakes than before. Many of the biggest costs lie in the past, so the euro might be ...

  There’s certainly no shortage of cash lying around at Berkshire Hathaway Inc. Even so, Warren Buffett’s struggle to find the $407 billion company’s next meaningful acquisition shows that his relative buying power has diminished. If you attended or streamed the shareholder meeting on Saturday, you heard a lot about Berkshire’s soaring cash pile, which stood at $96.5 billion as ...

  In his new book “The Complacent Class,” my Bloomberg View colleague Tyler Cowen mentions that more Americans may be slacking off at work. He offers this as one more measure of the comfortable malaise into which American culture has settled. But it also occurs to me that if leisure is replacing effort at work, it means that the country ...