“The United Kingdom’s economic deceleration is conventionally attributed to fiscal consolidation, anaemic productivity growth, and the supply-side dislocations that followed Russia’s invasion of Ukraine. These are real constraints. But treating them as primary causes rather than downstream symptoms is a misdiagnosis — and an increasingly costly one. The deeper pathology is regulatory density: an accumulated architecture of formal constraints that suppresses entrepreneurial discovery, crowds out new entrants, and reduces the adaptive capacity of institutions.” (04/21/26)
“What we are seeing is a battle for the future of Christianity in America. Will it be the angry fire and brimstone that Trump and company preach? Or the grace, charity and forgiveness that the pope wants? Expect the two to butt heads even more. Pope Leo was bound to speak up as a shepherd would to protect his flock from the wolf in sheep’s clothing that is MAGA Christianity.” (04/21/26)
“What I want to propose in this short essay is that there may be a way to make sense of what is going on in Argentina that is neither purist nor pragmatic, but practical. That is, one that recognizes reality but does not abandon principles. To help us with that, let us talk about policy dominance.” (04/21/26)
“South Korean police said Tuesday they are seeking to arrest music mogul Bang Si-Hyuk, chairman of the agency behind K-pop supergroup BTS, as they expand an investigation into allegations that he illegally gained more than $100 million in an investor fraud scheme. The Seoul Metropolitan Police Agency confirmed that it has asked prosecutors to request a court warrant for arresting Bang, the billionaire founder and chairman of Hybe. Bang’s legal team in a statement to The Associated Press did not directly address the accusations but expressed regret that police were seeking his arrest ‘despite our full and consistent cooperation with the investigation over an extended period.'” (04/21/26)
“History will not judge President Trump’s decision to start this war by what it did to Iran. It will hold its harshest judgment for what it has done to America. However this ends, the United States is already diminished by it, militarily, diplomatically, economically and morally. None of that damage is hypothetical. It is clear in the absence of a durable strategic outcome, in the strain it has placed on allies and markets, and in the erosion of America’s claim to be the defender of the rules and norms that long rested on its power.” (04/21/26)