Trump. A Poundshop Pinochet

Donald Trump’s second term is going no better than his first. He has failed to end the war in Ukraine, failed to produce a credible healthcare plan, and failed to rein in government spending. Inflation remains elevated, unemployment is rising, and growth is slowing. Strip out AI investment and deficit spending, and the underlying economy … Read more

Political Predictions for 2026

Predictions This year has been dominated by a convergence of authoritarian and illiberal governments, antisystem parties — typically on the far right — and sympathetic private actors coordinating their messaging and lending each other material support. Many people who would historically have recoiled from far-right politics have instead been drawn in through a constant churn … Read more