Senator Kyrsten Sinema’s opposition to a corporate income tax increase has Democrats taking another swing at a carbon tax. If they manage to rally around the idea, it could be a milestone in global climate policy and the defining initiative of Joe Biden’s presidency. Whether Democrats can make this proposal happen is anyone’s guess. But it would have a better ...

The cryptocurrency crowd has wasted no time in dancing on the grave of China’s “FUD” (internet speak for fear, uncertainty and doubt). Last week’s move by the People’s Bank of China (PBOC) to ban crypto transactions and mining dented the prices of Bitcoin, Ethereum and other digital currencies, but they’ve largely rebounded. The bulls reckon the latest attempt by Beijing ...

The tiny Himalayan kingdom of Bhutan, landlocked between the teeming multitudes of China and India, shot to global fame in the 1970s with gross national happiness: a broad measure of overall welfare it prefers over the more traditional metric of gross domestic product, which only includes production of goods and services, even those that ultimately leave us miserable. More recently, ...