My intrepid Mercatus Center colleague Veronique de Rugy – with help from another Mercatus colleague, Dan Griswold – argues that Pres. Trump’s proposal to overhaul U.S. immigration policy needs some improvement .
[Huawei founder] Mr. Ren’s army career, however, was routine for Chinese youths and focused on engineering. As the son of a “capitalist roader,” Mr. Ren launched one of the first fully private firms in mainland China, pioneering a U.S.-style employee stock-ownership plan. Huawei triumphed by outperforming the state-owned enterprises that had previously dominated China’s telecom industry. Huawei’s independent auditor, KPMG, reports no major state subsidies and verifies Huawei’s private ownership structure, with 98.6% owned by employees and 1.4% by Mr. Ren.
The first substantive sentence — this counts as substance nowadays — in New York Mayor Bill de Blasio’s video announcing his candidacy  is: “There’s plenty of money in this world, there’s plenty of money in this country, it’s just in the wrong hands.” He is a socialist who means it: Redistribution and nothing but, because wealth creation is so 20th-century, now that there is “plenty” of money sloshing around. His solutions to our national problems include banning Manhattan : “The glass and steel skyscrapers that have contributed so much to global warming” have “no place in our city or on our Earth anymore.” A thought experiment: If O’Rourke, de Blasio and some other presidential candidates were Republican moles insinuated into the Democratic scramble in order to make that party look absurd and the current president look thoughtful, how would they behave differently?