Prospect

The meltdown of FTX and its fraudster boss, Sam Bankman-Fried, reveals the potential for reckless risk-taking at the heart of an influential philanthropic movement.

Today on TAP: Our trade with Europe is now outpacing our trade with China.

The UAW’s campus organizing record is far better than its auto factory record—and it can back up its UC members with a sizable strike fund.

A visit to a hospital in Europe is an eye-opener to the many ways monopolized U.S. hospitals pad their profits with unnecessary costs.

While Title 42, which was used to expel over one million migrants, is now over, the next phase of immigration policy is uncertain.

The 80-year-olds are retiring—with one notable exception.

The bill is a sensible response to a deep division among Americans about a fraught moral issue.

Outside of investigations, the GOP will try to use leverage from must-pass bills to force through ideological priorities.

One person should not control nation-sized pots of resources.

Historian Chad Pearson talks about the violent enforcers of business rule before World War I.

Today on TAP: Misleading reports on the rising cost of dinner are feeding the Fed’s appetite for more perverse rate hikes.

Workers accuse the company of refusing to bargain in good faith for a union contract.

The Republican plan to win the midterms on racist crime messaging failed miserably.

The ticketing monopoly may have messed with the wrong group of millions of rabid fans.

My new book analyzes the 55-year-old rift, now grown to a chasm, in which the right’s remaking of and romance with Israel has detached young U.S. Jews from organized Judaism.

Today on TAP: Nancy Pelosi steps down.

Saving democracy does not resonate when the forces of reaction are gearing up for the next offensive.

Forget Washington’s urgency to design a regulatory regime for crypto. It’s better to treat it like any other illegal operation.

Contrary to Thomas Friedman, Wall Street still makes a killing from China at the expense of workers.

Today on TAP: He gets to cheat his customers, write off debts, and then keep control of his company? (Yup, that’s how bankruptcy often works for big dogs.)