Red sea
Why is China building so many ships? Brian Hart on its plan to turn overwhelming commercial advantage into military power.
Midnight sun
Is anyone actually winning in Ukraine? Why do so many ex-Soviet kleptocrats live in London? + Music from Yussef Dayes. What’s drill rap—and what happens when you mix it with American jazz? &c. … The member’s despatch, Week XXIII.
Only connect
Why are Americans becoming so lonely? Milena Batanova on a problem U.S. officials have called an “epidemic.”
Connections
What does financial repression in autocracies have to do with financial freedom in democracies? Justin Callais on human flourishing in the modern world.
House money
Why are countries around the world developing virtual legal tenders? Roger Huang on the origins, implementation, and implications of central bank digital currencies.
Untouchable
Why has Bitcoin become so popular with dissidents living in dictatorships? Farida Nabourema on what the emerging technology has in common with an old suitcase stuffed with cash.
‘Immortal Hands’
‘Immortal Hands.’ Stereolab has come out of hibernation with their first album in 15 years, Instant Holograms on Metal Film,
Cash grab
What is financial repression? Félix Maradiaga on how autocratic regimes are using the global banking system, international law, and new technologies in an old struggle to suppress dissent and hold power.
Gathering storm
Gathering storm. Since Taiwan’s President Lai Ching-te (also known as William Lai) took office one year ago this week,
‘Waxcap’
‘Waxcap.’ A track from one of the most impressive albums of electronic music this year, by the London producer Felix