Source: Law & Liberty
by Samuel Gregg
“Across the world, the light for market-liberal ideas is sadly dimming. Not only have tariffs become the White House’s bipartisan trade policy of preference since 2017, but Republicans and Democrats alike have made it clear that any downsizing of the entitlement programs that constitute the bulk of US government spending is off the political table. We have strayed very far from the days of Ronald Reagan and, for that matter, Bill Clinton. Industrial policy is also back in favor, with the European Union, China, and the United States accounting for almost half of the 2,500 new industrial policies implemented in advanced economies throughout 2023.” (06/20/24)
https://lawliberty.org/rebooting-market-liberalism-in-a-populist-age/