The economic peril of aggrieved nationalism
by Martin Wolf [MUST READ]
Wolf notes:
“Perhaps the
greatest contribution of economics is the idea that societies will gain more
from seeking to trade with one another than trying to conquer one another.
Moreover, the richer their partners, the greater the opportunities for mutually
enriching commerce. The wise relationship between states, therefore, is one of
co-operation, not war, and trade, not isolation. This brilliant idea happens to
be correct. But it is also counter-intuitive, even disturbing. It means that one
might gain more from foreigners than fellow citizens. It erodes a sense of
belonging to the imagined tribe.”
A Warning to Trump From Friedrich Hayek by
Cass Sunstein
Cass Sunstein notes:
“One of Hayek’s
enduring achievements was to clarify the importance of government neutrality
and forbearance, not through anything like laissez-faire, but by avoiding
commands in favor of clear, general, stable, predictable rules on which the
private sector can rely. A Dealmaker-in-Chief might turn out, in practice, to
be a Commander-in-Chief in precisely the sense that Hayek deplored.”
What Not to Do – Lessons from Poland and Hungary
The Five Lessons of Populist Rule by Sławomir Sierakowski
A Whiff of Corruption in Orbán's Hungary
– Der Spiegel
http://www.spiegel.de/international/europe/a-whiff-of-corruption-in-orban-s-hungary-a-1129713.html