On March 10, Saudi Arabia, Iran, and China issued a joint statement announcing an agreement to resume diplomatic relations between Riyadh and Tehran. After seven years of military and diplomatic hostility, the two Gulf powers agreed to work toward resolving their disagreements based on a set of international rules and …

China’s mediation of the Saudi-Iran normalization agreement signals a potential break from its long-standing policy of keeping to a minimal and economically oriented regional footprint. By successfully bringing two of the Middle East’s bitterest rivals to the negotiation table, China aims to build credibility as a capable partner in a …

Few policymakers ever claim credit for causing stagnation and recessions. Yet, they do so all the time, justifying their actions by some supposedly higher purpose. Now, that higher purpose is checking inflation as if it is the worst option for people today. Many supposed economists make up tall tales that …