The Kyl-Kennedy legislation provided the framework: Democrats win the argument about the past; Republicans about the future.
That’s the key to making sense of the political war that has broken out between Trump and House Democrats.
The economy could adjust to steady protectionism. But Trump’s erratic behavior on trade is damagingly disruptive.
By interfering, we muddled two useful object lessons for the world.
If more resources are left at work in the private-sector economy, the private-sector economy will produce more.
Reduced crime rates were a big accomplishment. The unwarranted and excessive political scrutiny given to the Phoenix PD and Maricopa County Sheriff’s Office are the sort of thing that might put it at risk.
A bigger government requires free capital and labor markets to pay for it.
Indiscriminate use of sanctions will hasten the day other countries arrange to conduct international trade around us.
Trump will continue to engage in military action in Yemen, even though a majority of Congress has formally opposed it.
Most conservatives oppose it, but it would a beneficial exercise in arbitrage.