President Trump’s “Liberation Day” tariffs have drawn condemnation not just from the libertarian Right, but also from many progressives. Opponents on the Left and centre-left argue that Trump’s gambit will leave Americans poorer, weaken the nation, and harm developing countries …
Trump’s tariffs are the end of globalisation
When regimes end, they end in phases. Communism died over a period of 10 years, starting with the strike at the Gdansk shipyard in 1980. The fall of the Berlin Wall in 1989 was the great symbolic episode, and the …
Can the Left reclaim free trade?
For the past half century, the Right has been the self-appointed guardian of the free market. In one of her first acts as Conservative leader in 1975, Margaret Thatcher strode into a meeting and banged a copy of Friedrich Hayek’s …
How egg politics failed Britain
We’re still eating a glut of chocolate from the Easter egg-hunt. But we also have a glut of real eggs: over two dozen, from our six back-garden chickens. As my house struggles with an egg surfeit, though, Britain’s shops have …
Neoliberalism died before Ukraine
The neoliberal order that triumphed on a global scale in the Nineties and 2000s aspired to the free movement of goods, capital, people, and information throughout the world. Unfettered capitalism would release the global economy from arbitrary constraints, and if …
