In view of the deepening Brexit gloom ahead of the meeting, last week’s amicable European Union summit was moderately encouraging: At least the talks didn’t break down. Both sides ought to understand, however, that when they meet next time, moving to actual trade negotiations is essential. Instead of negotiating the shape of their future trade arrangements, Britain and the EU ...

I always laugh when I see stories asking how many jobs the president has created. This language is common in the news media, as well as in the boasts of certain presidents. To be fair, most people understand the phrase as a shorthand for how much employment growth there was during a president’s time on the job. But many people ...

The appointment of Italy’s new central bank governor has turned into a depressing power struggle. But for all the elements that make this a uniquely Italian affair, it also raises broader questions about how a country should balance independence and accountability in the event of a possible central bank failure. Matteo Renzi, the former prime minister and leader of the ...