Prologue Journal

Understanding current events through the lenses of the past and future.

Mexico Hands More Power to the Left

Wall Street Journal President-elect Claudia Sheinbaum and her Morena party win big. The peso and stock market fell in response. https://www.wsj.com/articles/claudia-sheinbaum-mexico-presidential-election-amlo-xochitl-galvez-f70301fd

The Man Who Made the Futures Markets

Wall Street Journal The Chicago History Museum will honor Leo Melamed. Hear, hear. https://www.wsj.com/articles/leo-melamed-chicago-history-museum-futures-markets-80bba2ae

A Climate Case for the Supreme Court

Wall Street Journal State lawsuits are an attempt to end-run federal pre-emption. https://www.wsj.com/articles/supreme-court-hawaii-sunoco-v-city-and-county-of-honolulu-climate-oil-and-gas-a14e7731

Some Electoral Hope in South Africa

Wall Street Journal The ANC loses its majority for the first time in 30 years. https://www.wsj.com/articles/south-africa-election-african-national-congress-national-assembly-baa628c0

In America, Anyone Can Be a Felon

Wall Street Journal People who mouth the cliché that ‘no one is above the law’ should be careful what they wish for. https://www.wsj.com/articles/in-america-anyone-can-be-a-felon-60c06503

The Federal Reserve Is Too Cautious on Quantitative Tightening

Wall Street Journal When payments to banks are delayed, they’ll know it’s time to stop reducing its balance sheet. https://www.wsj.com/articles/the-fed-is-too-cautious-on-qt-quantitative-tightening-policy-afcf9e17

Liberate the D-Day ‘Swimming Tank’

Wall Street Journal It’s languished in an Army storehouse in Alabama but belongs in a museum. https://www.wsj.com/articles/liberate-the-d-day-swimming-tank-history-war-0e8caf0a

AI and the Art of War in Ukraine

Wall Street Journal Both sides are using revolutionary means to wage battles on land and in the air. https://www.wsj.com/articles/ai-and-the-art-of-war-in-ukraine-18995d3c

Hunter Biden’s Laptop Returns

Wall Street Journal Trump’s conviction reminds us of how truth took a back seat to narrative in 2020. https://www.wsj.com/articles/hunter-bidens-laptop-returns-election-courts-law-c957ac51

A Clarion Call for Rearmament

Wall Street Journal At last, a political leader gets honest about declining U.S. power. https://www.wsj.com/articles/a-clarion-call-for-rearmament-national-defense-bff5ba77