Democracy has long been viewed as humanity’s crowning political achievement. It is hailed as a system that enshrines human rights, ensures peaceful transfers of power, and gives voice to the ...

Ms. Patterson is an economist who has held senior roles at JPMorgan Chase and Bridgewater Associates. Mr. Cass, Dr. Furman ...

For high earners and many older Americans, the economy looks robust. They are still spending like gangbusters, and their 401 ...