First, of course, are the political implications. Second, these are millions upon millions of people who were voting against their pocketbooks. The third shock is more personal: my apparent over-reliance on the prediction markets, and on economists like Justin Wolfers…

With a British referendum looming over whether to leave the European Union, many in favor of staying cite cultural and altruistic reasons. But according to some, including Prime Minister David Cameron, Brexit would also have severe economic consequences, including massive…

Amid the refugee and eurozone crises plaguing continental Europe, Britain is deciding whether or not to remain in the European Union. But migrants and economics are only part of why many are pushing for Brexit. The crux of the issue,…

Apr 18

Obama’s first farewell tour starts with damage control

WASHINGTON -- President Barack Obama sets out this week on his first in a series of international farewell tours, a sometimes wistful tradition for presidents in legacy mode. But in a reminder of this president's uneven ties to allies, Obama's…