SpaceX Is Basically a Huge Meme Stock
The company may be losing money, but it will soon be the most expensive big stock in the market.
Ideas
Trump’s Latest Meltdown
Attacking the pope was only part of the president’s disturbing night on Truth Social.
Hegseth’s Unholy War
The defense secretary seems less interested in being on the side of God than on insisting that God is on his side.
Three Changes Wrought by the Iran War
The conflict will affect the economy in ways that most Americans still do not understand.
An Oligarchy of Old People
How elderly Americans amassed disproportionate wealth and power
How to Tax Billionaires
Step one: Abolish the estate tax. No, really.
Harmeet Dhillon Is Not Wasting Any Time
She arrived at the Department of Justice with radical changes in mind. One year later, she has completely reshaped the Civil Rights Division.
Illiberalism Is Not Inevitable
If Viktor Orbán can lose, then his Russian and American admirers can lose too.
The Looming College-Enrollment Death Spiral
After many decades of democratization, higher education could once again become a luxury good.
The Romance of the Gas-Station Sign
A few glowing roadside numerals set the national mood.