China’s Bumbling Statists

China’s Bumbling Statists

Since I’ve been warning for more than a decade about weaknesses in China’s economy, I’m not surprised by the surge in stories about that nation’s grim economic outlook. The problem is statism. To be more specific, China suffers from...
Argentina Election Shocker

Argentina Election Shocker

When I visited Argentina last November to give some speeches, I expressed a lot of pessimism and rhetorically asked whether the country could be rescued. In a column earlier this month, I followed up with two reasons for why Argentina is a basket...
China’s Bumbling Statists

Statism and China’s Economic Decline

I was sour about China’s economic prospects more than 10 years ago, and these remarks from earlier this year show that I still think China’s economy is being held back by too much government. The people who think of China was or is an economic superpower do not pay...