Although the Trans-Pacific Partnership has been widely given up for dead, the agreement has a chance to be approved in the lame-duck Congressional session following the presidential election. But the trade deal’s many opponents are not the only obstacle; proponents have not articulated an exciting vision of what the agreement could mean. Some of the best arguments for the …

  On the evening of Sept. 26, two interesting things happened. First, Hillary Clinton won a decisive debate victory over Donald Trump in the first presidential debate, as judged by prediction markets (and later, by polls). Second, financial markets abruptly experienced large, abnormal swings. Economists Justin Wolfers and Eric Zitzewitz have documented this extraordinary convergence in a new paper, titled …

  In July, Republican James Comey was the toast of the Democratic Party. That was after he announced that “no reasonable prosecutor” would bring criminal charges against Hillary Clinton for allowing e-mails with classified information to be stored on a private server. Party leaders praised the FBI director’s independence. Now, many of Clinton’s supporters argue, as Republicans did over the …