"How did a single manhunt spark the modern era of multinational capitalism? Henry Avery was the seventeenth century's most notorious pirate. The press published wildly popular--and wildly inaccurate--reports of his nefarious adventures. The British government offered enormous bounties for his capture, alive or (preferably) dead. But Steven Johnson argues that Avery's most lasting legacy was his inadvertent triggering of a new model for the global...

"Even before the extensive sanctions imposed on Russia for its 2022 invasion of Ukraine, it was hard to browse the news without seeing reports of yet another set of sanctions. The United States has sanctions against over 30 countries as well as drug traffickers, terrorist organizations and specially designated individuals. China long has been a target of sanctions and in recent years increasingly a wielder against countries and companies even organizations...