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During the Cold War, America and the Soviet Union engaged in an unprecedented arms race. We take a look at the kind of horror and delights that await as the classics go out of copyright. And our correspondent heads to Wisconsin to investigate one of America's most heavily bearded pastimes.

China’s arsenal of nuclear weapons has swiftly expanded; it is now roughly the size of Russia’s and America’s. That will make for a different—and far trickier—landscape of three-way deterrence. We ask what to expect as a mountain of Hollywood’s intellectual property heads for the public domain. And our correspondent checks in on America’s friendliest and most bearded sport. For full access to print, digital and audio editions of The Economist, subscribe here www.economist.com/intelligenceoffer