When the Cold War ended, strategists became distracted by the dangers of the “weak state.” Powerful adversaries used the opportunity to grow even more powerful.

Properly understood, the Iran nuclear deal is at best only a beginning, not an end—and regional stability may be farther away than ever.

Iran isn’t reasonable—revolutionary states never are. The United States should seek not to appease Iran but to contain it.

Higher minimum wages help almost nobody—but raise prices for everybody. How is that a good idea?

A bad legal ruling in California could impede ride services, one of the most promising offspring of the sharing economy.

Five steps toward restoring economic sanity in the eurozone.

Large parts aggression and calculation, a helping of insecurity, and many dollops of resentment.

Russia’s new Eurasian Economic Union is also an instrument of Putin’s political power.

The clamor over male-female pay disparities persists not because the clamor accomplishes anything but because it’s politically useful.

Driven from the Chinese mainland, Chiang Kai-shek turned to Japanese and German military officers, once his bitter foes, to help him defend Taiwan.