The Sleeper Train Is Not Nostalgia. It Is Infrastructure.
Governments subsidize airports without blinking. They should think the same way about beds on rails.
Opinion
Argentina Is Running a Test That Nobody Wants to Grade
Inflation is down. So is everything else. Both sides of the argument are reading the same numbers.
Europe Cannot Outsource Its Own Deterrence
The procurement deal is welcome. It is also twenty years late.
The Four-Day Week Is Not the Productivity Fix It Claims to Be
The trials that made headlines were small, self-selected and short. The long-run evidence is thinner than its advocates admit.
Let the Trams Be Slow
Not every public service needs to be optimized. Some of them need to be kept.
Stop Treating A.I. Regulation as a Race
Being first to write the rules is only an advantage if the rules are good.
What My Grandmother's Bakery Taught Me About Inflation
She raised her prices once a decade and apologized every time. Her successors raise them every quarter and do not.