Well, here are some things you don’t see every day. A few headlines in Brazil are aligning to show Latin America’s largest economy a path back towards confidence — and, just possibly, to restore some of the world’s confidence in democracy. The first unusual circumstance is that Brazil’s central bank governor will almost certainly have to write a letter to ...

“There’s nothing wrong with supply-side economics that division by ten wouldn’t cure.” The quip came from Charles Schultze, the chairman of the Council of Economic Advisers in Democrat Jimmy Carter’s White House. It meant that improving incentives to work and invest would promote economic growth — but not nearly as much as tax-cutting enthusiasts believed. The point applies to the ...

The idea of rerunning the UK’s historic 52%-to-48% 2016 vote to leave the European Union (EU) is understandably tempting for those in the 48% camp. Consider what has happened since: nail-biting negotiations with the EU, polls that show growing Brexit remorse, and evidence that the UK economy is suffering from uncertainty the vote has brought. The main UK political parties ...