Bolton’s belief in the U.S. power to make the world behave and eat its broccoli reflects what has been called “narcissistic policy disorder” — the belief that whatever happens in the world happens because of something the United States did or did not do. This is a recipe for diplomatic delusions and military overreaching.
Russ Roberts asks: “What protects us from exploitation?” And here are Arnold Kling’s reflections on Russ’s essay.
“When government officials are given the power to regulate speech they deem professional, they abuse it — immediately and with unseemly zeal.” – so write, in the New York Times, Institute for Justice attorneys Robert McNamara and Paul Sherman.
My friend Richard Tren wisely counsels his fellow South Africans to resist land expropriation.
Mike “Mish” Shedlock busts some currently expressed myths about trade, tariffs, and subsidies.