Michael Estrin

Netflix, which is now spending $17 billion a year on programming, has added another 100 million customers since then, thanks to successes such as Bridgerton and Squid Game , as well as a crackdown on password sharing and the introduction of a cheaper, ad-supported plan. Netflix increased its profit through the first half of 2024 by 60% from a year ... See more

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But any preference for renting here collides with a stark financial reality: National surveys show that in recent decades, Swiss homeowners have been better off, at least in terms of wealth. The median net worth of a Swiss homeowner in their 30s is six times higher than that of a renter of the same age. And the wealth gap only widens with age. In t... See more

History suggests that any sustained period when a great power spends more on interest payments than on military capabilities is likely to see its strategic rivals challenge its position. The tension between “guns and coupons” (as the interest-bearing parts of bonds used to be known) may also undermine its domestic stability, as governments try and ... See more

The canal is critical to the U.S. economy and trade. The U.S. is the largest user of the Panama Canal, with total U.S. commodity export and import containers representing about 73% of Panama Canal traffic, and 40% of all U.S. container traffic traveling through the Panama Canal every year. In all, roughly $270 billion in cargo is handled annually.

DOGE operatives—one of them reportedly a recent high school graduate—have similarly taken control of key information systems at the Office of Personnel Management, locking out high-level career civil servants. This access provides Musk’s team with detailed and highly sensitive information on millions of government employees. It also has allowed the... See more

owever, the U.S. population is sicker in ways that may increase the intensity of care required. OECD data indicate higher U.S. rates of obesity, diabetes, and heart disease, and a larger share of the population with multiple chronic conditions. Recent research has explored the extent to which the U.S. spends relatively less on prevention and public... See more