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If we persist in reducing their brilliant progress to anything other than hard work being matched with freedom, we risk turning the biggest consumers of all things American against the United States. The economic consequences for the American people will be unfortunate.
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The Trump administration pulled back from the brink of disaster in trade relations with Mexico — but there is reason to doubt that this unusual display of good sense indicates a change in intellectual orientation, much less a lasting shift in policy. The man-made trade mess of the last year and a half is likely to get more bizarre before it gets better.
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Unlike marvelously created made-for-television episodes where someone usually emerges victorious, in trade wars, everyone loses.
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Those who argue for a decentralized and free Europe, now overshadowed from the left and right, need to find a voice and make a positive change.
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When you play politics with international trade, you play a very dangerous game that can result in vast collateral damage.
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Not all things are right with the world here yet. There is a very long way to go. The point is that people in this country now know that change can happen.
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Argentina has shown itself incapable of managing the money supply appropriately. It would do better by outsourcing its monetary policy.
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While people in France and Austria might not be completely aware that this added tax will actually hurt them in the long run, authorities in those two countries should be reminded that the digital tax is nothing but an additional burden on the consumer; pretending the plan is about fairness will not fly.
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Argentina has secured an IMF agreement and announced aggressive policies to reduce its fiscal deficit and inflation rate. But that might not be enough to comfort its creditors.
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The road not taken by Cuba, that of not having the revolution, is one on which the country would have been healthier and richer than it is now. This denial of human flourishing makes Cuba just like any other Communist regime, and thus the regime deserves only scorn.
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In 2018, all major institutions that provided the basis for the international order since the second half of the past century have come under fire, from NATO and the United Nations, to the role of the World Bank and the International Monetary Fund, to the World Trade Organization and the European Union. China flexes its muscles and challenges the role of the United States while the US president promotes protectionism and isolationism.
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The best solution would be if the British authorities followed a policy of laissez-faire. What would this mean?
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