""Credit has always been at the center of American capitalism, but it underwent a major shift in the late nineteenth century. Along with the industrial and bureaucratic transitions, for the first time more and more workers used their future labor income as collateral to build debt, however small...

As the U.S. government has become increasingly intolerant of national security risks sometimes attendant to foreign investment, Stephen Heifetz suggests the government should consider the costs of that risk avoidance and should alter its approach.

Over the past ten years, and without a lot of public or political attention, space has become a site of commercial investment and development. Already much in our daily lives depends on growing satellite systems, crowding Earth's orbit, for communication, navigation, weather information, and the...