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Economics

Donald Trump wants a certain kind of immigrant: the uber-rich

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IN HIS LOVE of lucre Donald Trump can be crass. In their pursuit of efficiency, free marketeers can be, too. Consider the sale of citizenship. Most people dislike the idea of treating national belonging as a commodity. Yet about a dozen countries hawk passports and more than 60, including America, offer residency in exchange for an investment or donation. Its “golden-visa” scheme is cumbersome, under-priced and inefficient. On this point the president and the market agree.

Economics

Checks and Balance newsletter: Of God and MAGA

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Charlotte Howard, our executive editor and New York bureau chief, unpacks the blurring of church and state among Donald Trump’s circle

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Economics

The Hudson is now so clean that everyone can eat from it

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Battery sashimi, anyone?

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Economics

Pete Hegseth’s Pentagon is a lethality-maxxing wasps’ nest

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America’s armed forces are supremely capable and roiled by infighting

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