Events have lately been mounting an impressive case against referendums. Britain voted to leave the European Union. Colombia rejected a deal to end its decades-long conflict with FARC revolutionaries.
U.S. politics is apt to conflate disagreements about whether a policy is good or bad with disputes about whether it is constitutional. Reactions to the Supreme Court’s ruling on President Donald Trump ...
Across much of the industrial world, trust in government is low and declining. Why is this happening and why, exactly, does it matter? An unusually thorough new study looks at these questions and ...
Clive Crook is a Bloomberg Opinion columnist and member of the editorial board covering economics. Previously, he was deputy editor of the Economist and chief Washington commentator for the Financial ...
America’s retreat from liberal trade, if it persists, will rank among the greatest unforced policy errors of modern times. The shift is not just potentially momentous but also, in many ways, deeply ...
On hearing of the Continental Army’s pivotal victory at the Battle of Saratoga in 1777, John Sinclair told Adam Smith, “The British nation must be ruined.” As Sinclair recalled, the author of “The ...
It’s hard to think intelligently about public debt and deficits. The economics of fiscal policy is complicated and defies straightforward prescriptions. What’s most striking about budget-making in ...
On Monday, Denmark’s prime minister found it necessary to say, “If the U.S. chooses to attack another NATO country militarily, then everything stops, including NATO, and thus the security that has ...
You might wonder if there's any point in even trying to define liberalism. Efforts to do so seem bound to fail. From the start, its meaning has been elusive and in flux. Today, no right-thinking ...
What’s most remarkable about the economic policies of Donald Trump’s second term is the absence of effective opposition. The president’s ambitions are radical and enormously consequential — nothing ...
Clive Crook is a Bloomberg Opinion columnist and member of the editorial board covering economics. Previously, he was deputy editor of the Economist and chief Washington commentator for the Financial ...
It’s hard to think intelligently about public debt and deficits. The economics of fiscal policy is complicated and defies straightforward prescriptions. What’s most striking about budget-making in ...