WORLD

US and NATO at a Crossroads

The European portion of NATO is wealthy, populous, and already outspends Russia by significant and comfortable margins. It is hard to argue that the United States must continue to subsidize Europe’s security.

How Javier Milei’s Free-Market Policies Lifted Argentina Out of Recession

How Javier Milei’s Free-Market Policies Lifted Argentina Out of Recession

Milei delivered his “shock therapy” plan in the first few months of his presidency. Tens of thousands of state workers were cut as were more than half of government ministries, including the Ministry of Culture, as well as the Ministries of Labor, Social Development, Health, and Education (which Milei dubbed “the Ministry of Indoctrination”). Numerous government subsidies were eliminated, and the value of the peso was cut in half.

Statism: How Latin America’s Wealthiest Country, Venezuela, Fell So Far

Statism: How Latin America’s Wealthiest Country, Venezuela, Fell So Far

In 1970, Venezuelans were the wealthiest people in Latin America. With annual incomes comparable to those of the Finns and the Japanese, they earned two-and-a-half times what the typical Latin American earned. Their wealth bought them a longer life, lower infant mortality, and some measure of safety. Today, as the United Socialist Party’s Nicolás Maduro tries to steal another term as president, it is a different story.

America’s “Trade Deficit” With China

America’s “Trade Deficit” With China

Just as there’s absolutely no reason for you to worry about the trade deficit that you have with your physician or your grocer, there’s absolutely no reason for us Americans to worry about the trade deficit that America has with China.

The Hong Konger: The Martyrdom of Jimmy Lai

The Hong Konger: The Martyrdom of Jimmy Lai

In his quest to save Hong Kong’s rapidly fading freedom, however, Lai has sacrificed his own. The entrepreneur and media mogul currently sits in a Chinese prison, charged with “conspiracy to collude with foreign forces” and “conspiracy to publish seditious publications.”

The ‘Better’ Civilians of Gaza

The ‘Better’ Civilians of Gaza

All in all, the number of absolutely innocent Gazans — babies, children and adults who are not complicit in Hamas crimes — is a fraction of those claimed by Israel’s enemies, including so-called human rights groups.

Does Argentina Have Enough Dollars to Dollarize?

Does Argentina Have Enough Dollars to Dollarize?

Argentine President Javier Milei has postponed the implementation of his much-anticipated dollarization plan. Some commentators, including Steve Forbes, have urged Milei to pick up the pace before it’s too late. Is it too late for Argentina to dollarize? One major...

Putin’s Deception and Ours

Putin’s Deception and Ours

Blaming others, such as the U.S. (e.g., CIA, etc) is a standard rationalization for the failure of dictatorships such as Cuba and Venezuela and  for the unlimited power it gives the rulers.

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