At times of great global upheaval, policymakers often reach for familiar historical analogies to help them make sense of an uncertain future. Consider the debate over whether the deepening confrontation between the US and China constitutes a “new Cold War.” It is a marker of how quickly US-China relationship has deteriorated that commentators are invoking the analogy. Only three years ...

Germany is about to remind Facebook Inc. that the tribulations of 2018 are far from over. In fact, they’re about to get even more real. The country’s Federal Cartel Office intends to ban Facebook from collecting user data from third parties, the newspaper Bild am Sonntag reported. This will also prohibit data sharing between WhatsApp and Instagram, which Facebook owns. ...

For people in the US, the American Dream is a vision of broadly shared prosperity, freedom and opportunity. Xi Jinping’s Chinese Dream focuses on rising incomes and national renewal. Australians once had a simpler aspiration: owning a detached suburban home on a quarter-acre of land. That vision died a while ago. Back in the 1980s, single-family detached homes comprised about ...