Cities

The Editors: "In any other year, the mayoral election in America's third-largest city wouldn't matter much to anyone beyond driving distance to Wrigley Field. This year's race for Chicago's mayor, however, both reflects and could shape the direction of the Democratic Party -- not to mention the future of American cities." Read more...

Climate Change

The Editors: The smart response to climate change uncertainties is to insure against them. "But 'geoengineering' technologies that arrest climate change in other ways -- by removing greenhouse gases from the atmosphere or by reflecting sunlight back into space -- are worth exploring, too." Read more...

Europe

Mark Gilbert: "The Greek government's apparent capitulation in debt negotiations with its euro partners makes it less likely that Athens will be forced out of the common currency. The real winners, though, are the European governments who have stuck with spending cuts in the face of mounting domestic opposition." Read more...

Leonid Bershidsky: "For all the alarmist rhetoric about Russian barbarians at the gate, NATO countries are reluctant to put their money where their mouth is." Read more...

China

Adam Minter: "Three hundred Chinese citizens, members of the country's Uighur ethnic group, have recently traveled to the Middle East to join Islamic State." Read more...

Asian Economy

William Pesek: "Before now, no one would have described the leaders of Hong Kong or Singapore as Asian Robin Hoods. ... Their decades of sustained prosperity would seem proof of the virtues of trickle-down economics. That dogma may finally be shifting, though." Read more...

Congress

Barry Ritholtz: "One of my favorite thought experiments is the careful-what-you-wish-for scenario. I was reminded of its utility during Federal Reserve chief Janet Yellen's Congressional testimony the other day." Read more...

News Roundup

Katie Benner (Read the news roundup)

• Docker, a startup that lets users package and move apps, is now a business software phenom: Read more...


• Jawbone is working on a strategic investment from Google: Read more...


• Tinder hopes that you will pay for the privilege of swiping right: Read more...

Jonathan Bernstein (Read the news roundup)

• At the Monkey Cage, Nolan McCarty looks at the politics of vetoes, after Barack Obama nixed the Keystone XL pipeline bill: Read more...


• More on the politics of vetoes from Julia Azari at Mischiefs of Faction: Read more...


• New research from David Karol shows that senators who retire are doing so earlier in their terms -- and that reformers may be the accidental cause: Read more...

Barry Ritholtz (Read the news roundup)

• Can stocks rise in spite of weak earnings growth?: Read more...


• What is Google's market share for search?: Read more...


• On scarcity: Read more...