The rise of fracking has turned the U.S. into an oil exporter and raises the possibility of total energy independence, something unthinkable two decades ago. However the potential for supplying all its own fossil fuel demand will not magically free the U.S. from […]
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Is ECB stimulus too late?
While monetary “hawks” tend to reject any further monetary easing from the European Central Bank like the plague, doveish types are afraid that the ECB’s latest round of easing didn’t go far enough, and may have come too late anyway. The doves’ point […]
Hold on tight, Argentina, you’re in for a rough ride
By Mercedes Colombres, Media Director, Libertad y Progreso (original) Economist Aldo Abram, the invited speaker for an exclusive breakfast for members of Libertad y Progreso, hosted at the Feirs Park Hotel with support from the Naumann Foundation, envisioned a difficult path for the […]
Donor agencies must not pay to turn South Africa into Zimbabwe
By Richard Tren, TES Contributor Robert Mugabe, Zimbabwe’s ruler for 37 years, is now dead at the age of 95 and after an elaborate state funeral, is thankfully no longer a threat to his people, civilization, or to decency. Though he will no […]
Macron is neither liberal nor a reformer (but he IS French)
Those who are fond of Voltaire’s famous quip about the Holy Roman Empire should take pleasure in the evisceration of Emmanuel Macron by CapX’s Anne-Elisabeth Moutet, who argues that the French liberal reformer is in fact none of these things — well, except that […]
Abolishing private schools is a bad idea (and impossible)
Labour’s plan to, in effect, abolish Britain’s private schools is pretty much the definition of pandering — a sensational and nakedly political sop to class resentment that is nonetheless counterproductive, unworkable and oh yes, probably illegal. Sure, nobody likes the British upper class (not […]
China must focus finance on small business
The words “Chinese companies” summon images of sprawling tech giants or vast state-owned enterprises, but like most other countries a large share of China’s economy is composed of small businesses — but this critical if unsung economic sector is marginal at best in the […]
Much of “Green New Deal” has nothing to do with the environment
There a couple plans for the “Green New Deal” circulating in the U.S., UK, and elsewhere, all supposedly intended to tackle the causes of climate change with sweeping measures to de-carbonize society. Except as Tim Worstall of the UK’s Adam Smith Institute points out, […]
Don’t hold your breath for EU trade carveouts, unless dying sounds fun
Brexiters still hoping the EU will somehow grant the post-Brexit UK special exemptions from its common regulations governing foreign trade are in for more disappointment, warns FT columnist Wolfgang Münchau. That rules out the possibility of a “Canada-style” trade deal which […]
If AirBnB Doesn’t Act On Criminal Rentals, You Can Bet Congress Will
By Andrew Langer, President, Institute for Liberty When new technologies come to market, there are always unintended consequences. This is certainly true when it comes to new internet applications and services—sometimes unforeseen problems occur, and sometimes these apps can be used in […]