Tag: Irwin Stelzer

Churchill and Free Trade: That was Then, This is Now

Churchill and Free Trade: That was Then, This is Now

On Free Trade and tariffs

The Hud­son Insti­tute  econ­o­mist Irwin Stelz­er penned an inter­est­ing arti­cle on trade: “Trump girds for War with EU.” I sent it around to col­leagues, prais­ing it for prop­er­ly attribut­ing an alleged Churchill quote:

No one doubts that Trump is gear­ing up to launch a tar­iff bat­tle with the Euro­pean Union. For one thing, he is set to sign a deal end­ing the trade bat­tle with Chi­na, and would not be fight­ing a two-front war should he take on Europe which, he tweet­ed last week, “has tak­en advan­tage of the U.S.…

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“If you can meet with Triumph and Disaster”: Charles Krauthammer 1950-2018

“If you can meet with Triumph and Disaster”: Charles Krauthammer 1950-2018

“CK,” Churchillian

The best edi­tor I ever had wrote: “There is noth­ing to be said when a friend dies, even among peo­ple whose trade is words.” Much nev­er­the­less is being said about Charles Krautham­mer. That is fit­ting, and it is what we have the Inter­net for. (Some of the most touch­ing trib­utes are linked below. Fox News pro­duced a very fine trib­ute, “Krautham­mer in His Own Words” click here.)

My edi­tor meant, rather, that for some, words are inad­e­quate against “a big, emp­ty hole where there was once some­one you loved. And all the talk in the world won’t change that.…

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Brexit: Britannia Waives the Rules

Brexit: Britannia Waives the Rules

Brex­it after­math. In vot­ing to leave the Euro­pean Union, Britain has opt­ed to become anoth­er Nor­way. One of the most pros­per­ous and con­tent­ed coun­tries in the world, Nor­way does fine with its own laws, cur­ren­cy, and trade agree­ments, includ­ing a good one with the EU. It is hard­ly a bad mod­el.

Short-term Troubles

The gnash­ing of teeth over the upset Brex­it vic­to­ry resounds around the world. For awhile, chaos will attend finan­cial mar­kets, and the pound will take a dip (boost­ing British exports).

The Scots vot­ed against Brex­it, though not in the num­bers pre­dict­ed. Many vot­ed “Remain” because they feared Brex­it would mean anoth­er Scot­tish inde­pen­dence fra­cas.…

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