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When Washington Pulls the Plug

When Washington Pulls the Plug

The Grain Belt Express, the $4.9 billion Loan That Vanished, and Why the Lights May Dim Because of It Washington killed the money. In July, the Department of Energy quietly yanked its $4.9 billion loan guarantee for the Grain Belt Express—the 800-mile, 5-gigawatt...
The Shrug Heard ’Round the World

The Shrug Heard ’Round the World

When Americans say “not my problem” about Ukraine, they forget how history — and economics — actually works. Every so often, a line pops up in our politics that tells you exactly where the national headspace is. Lately, it’s this one: “Ukraine? Not my problem.” It’s...