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The Economist
 
 
  
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April 14th 2025

The Economist today

The best of our journalism, handpicked each day

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Roger McShane

US digital editor

Taxpayers have long funded scientific research at elite universities and provided grants for poor students. In return, these universities did world-changing research. That deal has fuelled American military and economic power. It has contributed to almost every technological leap, from the internet to mRNA vaccines. It has made America a magnet for talented, ambitious people. And it is now being 
 
https://click.e.economist.com/?qs=883edade0c688a2ac57e26974ee60472907311d96045d308c4c1449e209433a3990b4a396b441a8e3d6b18bff0f7b268c972b8e067301592de736a6956f410f3 
rewritten by Donald Trump .

Europe is not as innovative as America. It has relatively few trillion-dollar enterprises. On the other hand, it has no tech executives boasting on social media of feeding bits of the state &ldquo;into the wood chipper&rdquo;. 
 
https://click.e.economist.com/?qs=883edade0c688a2a7eeb9a96933c6ad8d9a1fa0e456d5d3d16a1a4b405eaa724c1c0ce85ecaf690a8e43d9bc2a1fd889f2d00a1f5660cc4107961eb21e35e679 
Our Charlemagne columnist 
 explains why Europe these days looks like a better exemplar of American values than America does.

https://click.e.economist.com/?qs=883edade0c688a2ab6df8f4ec3dfb0865046de7b6314a72c661e2cb7ff2f8b3d94a07974ed276792c00dc6f62a1a0c531f7b4f13b409863dd605bbabacad0658

https://click.e.economist.com/?qs=883edade0c688a2ab6df8f4ec3dfb0865046de7b6314a72c661e2cb7ff2f8b3d94a07974ed276792c00dc6f62a1a0c531f7b4f13b409863dd605bbabacad0658 
Besieging the ivory tower

https://click.e.economist.com/?qs=883edade0c688a2ab6df8f4ec3dfb0865046de7b6314a72c661e2cb7ff2f8b3d94a07974ed276792c00dc6f62a1a0c531f7b4f13b409863dd605bbabacad0658 
Donald Trump is battling America’s elite universities—and winning

https://click.e.economist.com/?qs=883edade0c688a2ab6df8f4ec3dfb0865046de7b6314a72c661e2cb7ff2f8b3d94a07974ed276792c00dc6f62a1a0c531f7b4f13b409863dd605bbabacad0658 
The Ivy League sees little point in fighting the federal government in court

&rarr; 
https://click.e.economist.com/?qs=883edade0c688a2a17818a8ba715f63cfed6eaf81e032d17ecab6ee050ec1bdafaaab0fe080c3930e2e7cb64c28e2a6556d5352ceb80009e8b4469ad2f10e2d6 
MAGA&rsquo;s remaking of universities could have dire consequences

&rarr; 
https://click.e.economist.com/?qs=883edade0c688a2a81c048f1cc139e978c51012ecf87ad1f9580bed290a7696748d08bd3c6e77d749053edafafaa36584100372a30fb9c1bdee50bf681ebc4ef 
Why can&rsquo;t stinking rich Ivies cope with losing a few hundred million?

https://click.e.economist.com/?qs=883edade0c688a2aabf68f1402224956d0fc4cc093a0926993bb77afbfa1824a0f5f64547e092c28f8a878449ad9ed78c77ec6835b781fa38fadbf6c2402bcc5

https://click.e.economist.com/?qs=883edade0c688a2aabf68f1402224956d0fc4cc093a0926993bb77afbfa1824a0f5f64547e092c28f8a878449ad9ed78c77ec6835b781fa38fadbf6c2402bcc5 
When it rains

https://click.e.economist.com/?qs=883edade0c688a2aabf68f1402224956d0fc4cc093a0926993bb77afbfa1824a0f5f64547e092c28f8a878449ad9ed78c77ec6835b781fa38fadbf6c2402bcc5 
Short-term pain will lead to long-term gain, says Trump. Really?

https://click.e.economist.com/?qs=883edade0c688a2aabf68f1402224956d0fc4cc093a0926993bb77afbfa1824a0f5f64547e092c28f8a878449ad9ed78c77ec6835b781fa38fadbf6c2402bcc5 
America will be a country with shabbier roads, older airports and more dated factories

&rarr; 
https://click.e.economist.com/?qs=883edade0c688a2ad3b08161056e856af91fa86a54c485c1d11be2cfc6c8dbb13a0cbf2c5d047f2e2450f85d8b4da8e66c69545aae258cb735d0011141047595 
A flight from the dollar could wreck America&rsquo;s budget

https://click.e.economist.com/?qs=883edade0c688a2a19d31cffc3d40b5ce9588cae43386de2d950412b4bb458ada6bb8eb966d616ea0fdbcd3b10a39b76860b94e6dbf37c699556a490f65a5aad

https://click.e.economist.com/?qs=883edade0c688a2a19d31cffc3d40b5ce9588cae43386de2d950412b4bb458ada6bb8eb966d616ea0fdbcd3b10a39b76860b94e6dbf37c699556a490f65a5aad 
Charlemagne

https://click.e.economist.com/?qs=883edade0c688a2a19d31cffc3d40b5ce9588cae43386de2d950412b4bb458ada6bb8eb966d616ea0fdbcd3b10a39b76860b94e6dbf37c699556a490f65a5aad 
The thing about Europe: it’s the actual land of the free now

https://click.e.economist.com/?qs=883edade0c688a2a19d31cffc3d40b5ce9588cae43386de2d950412b4bb458ada6bb8eb966d616ea0fdbcd3b10a39b76860b94e6dbf37c699556a490f65a5aad 
Europe’s very real problems don’t look so bad by comparison

Start your free trial today

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23rd time lucky

https://click.e.economist.com/?qs=883edade0c688a2a95bb57c35c0ec210dc71029d59138b114138db66738e212fdfcc67c1c7eb885adf664bc434d8b61d79f35bb97a35b295d0583c36c97d7f03 
Javier Milei’s big move to normalise Argentina’s economy

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A gob of IMF cash will help partially float the peso, but political and market risks abound

https://click.e.economist.com/?qs=883edade0c688a2a381114f18b4a92676de2d98ce1b333e531ac24bb67ea469c75ebd74658ced615257fc247e5e7c3d9d039e6fda51a0d470fc1a59bdac36d5d

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Bartleby

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Biohacking in the office

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One company’s experiment with enhancing its workforce

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https://click.e.economist.com/?qs=883edade0c688a2a6b0d7576e9797a6646fad3f8e97735b2e14515bd12dfbcb156330ba1f8bc1c1948dc732bfa0c9e0704995d84f84a3a8ca7e91c6b6407f944 
Burn the tapes

https://click.e.economist.com/?qs=883edade0c688a2a6b0d7576e9797a6646fad3f8e97735b2e14515bd12dfbcb156330ba1f8bc1c1948dc732bfa0c9e0704995d84f84a3a8ca7e91c6b6407f944 
DOGE is coming for American officials’ magnetic tape

https://click.e.economist.com/?qs=883edade0c688a2a6b0d7576e9797a6646fad3f8e97735b2e14515bd12dfbcb156330ba1f8bc1c1948dc732bfa0c9e0704995d84f84a3a8ca7e91c6b6407f944 
But more modern methods of data storage are not necessarily better

https://click.e.economist.com/?qs=883edade0c688a2ad198d81aa2bf8d091bf155d2431dbd8b202232c5311ca9d6e2a5f8973ed5c7004bad9156a0864599b139d230de8e35b4c625dc5197e1efe9

https://click.e.economist.com/?qs=883edade0c688a2ad198d81aa2bf8d091bf155d2431dbd8b202232c5311ca9d6e2a5f8973ed5c7004bad9156a0864599b139d230de8e35b4c625dc5197e1efe9 
A sticky situation

https://click.e.economist.com/?qs=883edade0c688a2ad198d81aa2bf8d091bf155d2431dbd8b202232c5311ca9d6e2a5f8973ed5c7004bad9156a0864599b139d230de8e35b4c625dc5197e1efe9 
Japan faces a reckoning over rice

https://click.e.economist.com/?qs=883edade0c688a2ad198d81aa2bf8d091bf155d2431dbd8b202232c5311ca9d6e2a5f8973ed5c7004bad9156a0864599b139d230de8e35b4c625dc5197e1efe9 
A crisis over its staple reveals cracks in the country’s food system

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https://click.e.economist.com/?qs=883edade0c688a2aa23879e80cab60e9113b7c9d68022bc850cf5139fa61b32efb3e5cffca892cb32f0f2f34bcddd2d190b3254e0e24cad686fd848bd7e5d281 
Parallel logic

https://click.e.economist.com/?qs=883edade0c688a2aa23879e80cab60e9113b7c9d68022bc850cf5139fa61b32efb3e5cffca892cb32f0f2f34bcddd2d190b3254e0e24cad686fd848bd7e5d281 
Nvidia and Jensen Huang are a study in contradictions

https://click.e.economist.com/?qs=883edade0c688a2aa23879e80cab60e9113b7c9d68022bc850cf5139fa61b32efb3e5cffca892cb32f0f2f34bcddd2d190b3254e0e24cad686fd848bd7e5d281 
What makes them tick?

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Mobbed

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Feral “Minecraft Movie” fans spark irritation—and optimism

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These days it is unusual to see a crowd of teenagers at the cinema

Podcast

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The Intelligence

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The slaughter in Sumy shows how Putin is dragging out the war

https://click.e.economist.com/?qs=883edade0c688a2a0d83c5eaedbb0a4f29af9eecd1c0946b21f2e94557b39cd4b31d1255db8a565a777358715554a76e51219a7f7c85dd72b071cf58f46a1361 
Also on the daily podcast: Europe wants America’s fleeing scientists and a history of Britain’s consumer-price goods-basket

Figure of the day

13m, the number of talented young people Canada might attract on net if global barriers to movement were lifted and graduates were free to go where they pleased. 
https://click.e.economist.com/?qs=883edade0c688a2a138d6d041da11fc21771832dccc52e663679ebdbe6458b0d40906c46a1d3a58c4e12b778bb6badf4632a6877e564c9883a56d97b02438975 
Read the full story .

Most read by subscribers

&rarr;

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Which countries would benefit most from an American brain drain?

&rarr;
https://click.e.economist.com/?qs=883edade0c688a2ad3b08161056e856af91fa86a54c485c1d11be2cfc6c8dbb13a0cbf2c5d047f2e2450f85d8b4da8e66c69545aae258cb735d0011141047595 
A flight from the dollar could wreck America&rsquo;s finances

&rarr;
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Investors realise Trump&rsquo;s pause was not the salvation it appeared

&rarr;
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Lessons from the happiest countries in the world

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The slaughter in Sumy shows how Putin is dragging out the war

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<div class="preheader" style="font-size: 1px; display: none !important;">Also: Europe is now the actual land of the free</div>
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         Taxpayers have long funded scientific research at elite universities and provided grants for poor students. In return, these universities did world-changing research. That deal has fuelled American military and economic power. It has contributed to almost every technological leap, from the internet to mRNA vaccines. It has made America a magnet for talented, ambitious people. And it is now being 
          <a   data-linkto="https://" href="https://click.e.economist.com/?qs=883edade0c688a2ab88d382dfdf5af70484a08557201560fa5ae7a0bd241024fb4e12cf9107cbbe200e58c5346f9f7d53cb5328368f079c78bdc327ade630a23" style="text-decoration:none;" title="rewritten by Donald Trump">rewritten by Donald Trump</a>.
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         Europe is not as innovative as America. It has relatively few trillion-dollar enterprises. On the other hand, it has no tech executives boasting on social media of feeding bits of the state &ldquo;into the wood chipper&rdquo;. 
          <a   data-linkto="https://" href="https://click.e.economist.com/?qs=883edade0c688a2a86a41e3a56f0706e382f640d32fa485d9d67758260b2380254e7d0d6ca2a1c1ac2c51b87f647eed8f046e32c158c0f929d2459ed635acb17" style="text-decoration:none;" title="Our Charlemagne columnist">Our Charlemagne columnist</a>
          explains why Europe these days looks like a better exemplar of American values than America does.&nbsp; &nbsp; &nbsp; &nbsp;</p></td></tr></table></td></tr></table></td></tr></table><table cellpadding="0" cellspacing="0" width="100%" role="presentation" style="min-width: 100%; " class="stylingblock-content-wrapper"><tr><td class="stylingblock-content-wrapper camarker-inner"><table align="center" bgcolor="#ffffff" border="0" cellpadding="0" cellspacing="0" role="presentation" style="max-width:600px;" width="100%">
	
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								<b>13m</b>, the number of talented young people Canada might attract on net if global barriers to movement were lifted and graduates were free to go where they pleased. <a   data-linkto="https://" href="https://click.e.economist.com/?qs=883edade0c688a2a14566dc19aadef80cf3b416abc4cedbd9aed65acfb499320207cbc979aa3eedc685d550933da224007df12c395d978184010a2b9acf4bc72" style="text-decoration:none;" title="Read the full story">Read the full story</a>.</td></tr></table></td></tr></table></td></tr></table><table cellpadding="0" cellspacing="0" width="100%" role="presentation" style="min-width: 100%; " class="stylingblock-content-wrapper"><tr><td class="stylingblock-content-wrapper camarker-inner"><table align="center" bgcolor="#ffffff" border="0" cellpadding="0" cellspacing="0" role="presentation" style="max-width:600px;" width="100%">
	
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