The freedom to move in pursuit of opportunity is a basic — and constitutionally protected — American value. Yet it’s a value in decline. American workers are half as likely to relocate to another state as previous generations. Lower mobility may be one reason why job openings in the U.S. are at an all-time high. The country’s irrationally restrictive system …

It took brave, radical thinking for President Emmanuel Macron to transform French politics so completely. Reforming the French economy will demand no less focus and ambition. To judge by the speech he gave at Versailles last week, there’ll be no lack of ambition: It was positively regal. Focus, though, was less apparent. Once he turns to the task of governing, …

When United Airlines called security to drag passenger David Dao off of his flight back in April, some observers cheered the airline’s falling stock price, expressing the hope that this would punish the company’s executives and owners and spur them to implement a more passenger-friendly attitude. United’s stock quickly recovered. But even had it fallen a lot and not bounced …