Hong Kong

As a former resident of Hong Kong it saddens me to see the gradual encroachment of the state in the once extremely, relatively speaking, laissez-faire island. Former leaders such as John Cowperthwaite are long gone:

Low taxes, lax employment laws, absence of government debt, and free trade are all pillars of the Hong Kong experience

Continue Reading...

Economic forecasts

Or rather, forecasts by economists. This was Paul Krugman shortly after midnight (ET) on election day:

It really does now look like President Donald J. Trump, and markets are plunging. When might we expect them to recover?

Frankly, I find it hard to care much, even though this is my specialty. The disaster for America

Continue Reading...

Out of touch

Hillary, the mainstream media, Democrats, the "establishment" Republicans who disavowed Trump. Out of touch, the lot of them.

I suspect that Trump will be far more moderate than he was when he campaigned. There won't be a wall with Mexico. There won't be a 35% tariff on imports. And if I'm correct and some of

Continue Reading...