'Regulation is scant and centralization remains pervasive'
Opinion, comment and editorials of the day


'Don't get fooled again by crypto'
Eswar Prasad at The New York Times
Cryptocurrency is "on the verge of mainstream acceptance" among politicians, but this "probably has more to do with a cynical bid for young voter support and Silicon Valley cash than a maturing of a financially perilous set of assets," says Eswar Prasad. Crypto today "presents even greater risks to its investors and to our financial institutions than it did before," and the "fact that the Republican Party is publicly celebrating crypto to American voters could only make matters worse."
The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
'A string of exits might help guide more CEOs to the door'
Garrett M. Graff at The Washington Post
There is "no question harder for a leader than knowing when to say goodbye," says Garrett M. Graff. Luck "can often play a bigger role in who leaves when than the leaders' choices themselves — and, unfortunately, luck is often visible only in hindsight." But this is a "reminder to anyone in a leadership role that it is important to start thinking about your end goals — and what you aim to do after you accomplish them."
'What would a Trump II Taiwan policy look like?'
John Rodden at The American Conservative
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
While "Trump's critics have been proclaiming that he is set to abandon Taiwan and turn the island over to the Chinese Communist Party, other explanations are equally or more plausible," says John Rodden. Trump has "always taken what is described as a 'transactional' approach to foreign policy. He is "not 'abandoning' Taiwan, but rather recalibrating the relationship," which is "at odds with the convictions of the China hawks who had counseled him during his first administration."
'What burger flipping tells you about the US economy'
Soumaya Keynes at the Financial Times
Some economists "emphasize the role of people switching to better jobs as a mechanism for boosting pay. But what happened to pay for the same work?" says Soumaya Keynes. It is "tough to be sure that the numbers are really describing pay for the same work, and not simply differences in tasks or even skills." If "Washingtonians earn higher McWages than Mississippians, it is probably because of where they live, not because they are particularly proficient at squirting sauce."
Justin Klawans has worked as a staff writer at The Week since 2022. He began his career covering local news before joining Newsweek as a breaking news reporter, where he wrote about politics, national and global affairs, business, crime, sports, film, television and other news. Justin has also freelanced for outlets including Collider and United Press International.
-
Alchemised: how Harry Potter fanfic went mainstream
In The Spotlight Traditional publishers are signing up fan fiction authors to rewrite their ‘explosively popular’ romances for the mass market
-
Crossword: October 6, 2025
The Week's daily crossword
-
Codeword: October 6, 2025
The Week's daily codeword puzzle
-
Russia: already at war with Europe?
Talking Point As Kremlin begins ‘cranking up attacks’ on Ukraine’s European allies, questions about future action remain unanswered
-
‘Conspiracy theories about her disappearance do a disservice’
Instant Opinion Opinion, comment and editorials of the day
-
Trump declares ‘armed conflict’ with drug cartels
speed read This provides a legal justification for recent lethal military strikes on three alleged drug trafficking boats
-
Supreme Court rules for Fed’s Cook in Trump feud
Speed Read Federal Reserve Governor Lisa Cook can remain in her role following Trump’s attempts to oust her
-
‘This isn’t just semantics’
Instant Opinion Opinion, comment and editorials of the day
-
Miami Freedom Tower’s MAGA library squeeze
THE EXPLAINER Plans to place Donald Trump’s presidential library next to an iconic symbol of Florida’s Cuban immigrant community has South Florida divided
-
Judge rules Trump illegally targeted Gaza protesters
Speed Read The Trump administration’s push to arrest and deport international students for supporting Palestine is deemed illegal
-
Trump: US cities should be military ‘training grounds’
Speed Read In a hastily assembled summit, Trump said he wants the military to fight the ‘enemy within’ the US