Recent Posts

Mexican president warns others may quit after Urzua

Bloomberg Mexican President Andres Manuel Lopez Obrador, under pressure after the resignation of his finance minister, warned other officials may quit his government as part of the deep policy changes he is leading. “In a democratic government there are always differences and disagreements,” Lopez Obrador said at his daily press conference. “You have to get used to the changes and ...

Read More »

Is Vladimir Putin right that liberalism is now obsolete?

It looks as if Vladimir Putin wants to be recalled as something besides being an aggressive autocrat. He yearns, it seems, to be seen as a leading political thinker, respected for his analysis as well as feared for his actions. This is a reasonable reading of Putin’s recent interview with the Financial Times, which included his remarkable declaration that the ...

Read More »

If it moves, tax it. That’s desperate, India

Desperation is creeping into India’s economic policy-making. Having lost the fiscal plot, bureaucrats are trying to marshal resources by squeezing taxpayers, foreign investors, firms planning buybacks and even the central bank. Such overreach never ends well. Tax collections last year were a full 1 percentage point of GDP lower than the 7.9 percent the government had hoped to obtain. Rathin ...

Read More »
Send this to a friend