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The “rule of law” distinguishes democracies from dictatorships. It’s based on three fundamental principles. Trump is violating every one of them. The first principle is that no person is above the law, not even a president. Which means a president cannot stop an investigation into his alleged illegal acts. Yet Trump has done everything he […]

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Five years ago, China’s Xi Jinping rocked the Communist Party establishment by pledging to let markets play a “decisive role” in decision-making. Reformists rejoiced as President Xi signaled a revival of Deng Xiaoping’s pro-capitalism revolution. Things haven’t gone as planned. First, Xi slow-walked steps to reduce China’s reliance on runaway credit, debt and an antiquated […]

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