Housing Rules Meant to Control Prices: Who Gets Shut Out?
The limits of trying to curb speculation and protect genuine homebuyers at the same time
Divided Republics: Is South Korea Echoing France's Third Republic?
France's Third Republic lasted a long time, but longevity did not make it a healthy republic. Across politics and society, South Korea now shows fractures that can feel uncomfortably close to interwar France. Can Korea avoid following France down the same path?
The Problem Is Economic: Excess Liquidity and Youth Deprivation
Youth anxiety begins less with generational temperament than with the gap between income and assets. Low rates and fiscal support saved the economy, but they also pulled housing and financial assets away from the paycheck. Can the next decade work differently?
Wages Are Slow, Home Prices Keep Rising, and AI Is Coming
Why young adults around the world are turning to stocks
The Thucydides Trap: U.S.-China Conflict Is Starting to Resemble 1914
Is the twenty-first century’s Belle Époque coming to an end?
Is the AI Revolution a Second Industrial Revolution?
This time, what gets mechanized is not the hand but the mind