Veronique de Rugy is the George Gibbs Chair in Political Economy and a senior…
Superficially, the economy looks solid. Yet these numbers need perspective.
It demonstrates the power of markets, trade, and human ingenuity to lift up societies.
If China’s foray succeeds, the world gets cleaner cars, and non-Chinese automakers are obliged to improve their own products.
Will America, with a newfound enthusiasm for ‘Industrial Policy,’ follow the same path?
Because Congress is untrustworthy when it comes to following just about any rule that keeps it from spending more money, approval of all emergency spending should require a supermajority vote.
Despite the common hand-wringing over corporate mergers and acquisitions, they should be subject to free market forces.