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In Donald Trump vs. Jay Powell, new battle lines are being drawn

Stoicism, the classical philosophy of emotional resilience, logic, and virtue, has long been a handy guide for anyone dealing with a crazy boss. Seneca the Younger, a first-century Roman statesman, found it helpful in managing the famously volatile Emperor Nero. Federal Reserve Chairman Jerome Powell also seems to be a fan. He has a mantra, a simple phrase he uses frequently in private and occasionally in public, that sounds straight from the stoic’s guide to a happy life: “Control the controllable.”